Is Nassau Bay, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nassau Bay is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Nassau Bay was a Seller's Market.

Key Takeaway

Nassau Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Nassau Bay, TX

How much do homes in Nassau Bay, TX cost?

Median Sold Price

$345,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,750(+0.8%)

Key Takeaway

Homes in Nassau Bay have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Nassau Bay was $345,000 in October 2024, up 0.8% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$217.5K
+8.8%
2 $235K$290K
+23.4%
3 $350K$377K
+7.7%
4 $406K$405K
-0.2%
5+ $390K$482.6K
+23.8%

Summary: Nassau Bay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Cities

Texas City-League City
+4.4%
League City
+3.6%
Pasadena
+2.5%
Webster
+2.0%
Nassau Bay
+0.8%

Housing Supply in Nassau Bay, TX

How many homes are available in Nassau Bay, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3332-3.0%

Summary: The Nassau Bay real estate market had 32 homes for sale in October 2024, a 3.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 810
+25.0%
3 109
-10.0%
4 78
+14.3%
5+ 64
-33.3%

Summary: The Nassau Bay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nassau Bay, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Nassau Bay in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Nassau Bay, TX

How long does it take to sell a home in Nassau Bay, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days62 Days+85.7%

Summary: Homes in Nassau Bay had an average of 62 days on market in Oct 2024, up by 85.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nassau Bay are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Nassau Bay; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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