Is Navasota, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Navasota is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Navasota has remained a Seller's Market.

Key Takeaway

Navasota is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Navasota, TX

How much do homes in Navasota, TX cost?

Median Sold Price

$249,995

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$7,505(-2.9%)

Key Takeaway

Homes in Navasota have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Navasota was $249,995 in November 2024, down 2.9% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $380K-
N/A
2 $204.7K$410K
+100.2%
3 $250.1K$239.9K
-4.1%
4 $260.3K$255K
-2.1%
5+ $1.0M$1.5M
+51.4%

Summary: Navasota housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 100.2%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 51.4%.

Housing Supply in Navasota, TX

How many homes are available in Navasota, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7463-14.9%

Summary: The Navasota real estate market had 63 homes for sale in November 2024, a 14.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 4536
-20.0%
4 2320
-13.0%
5+ 23
+50.0%

Summary: The Navasota housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Navasota, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Navasota in November 2024, down by 15.4% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.

Days on Market for Navasota, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days61 Days+17.6%

Summary: Homes in Navasota had an average of 61 days on market in Nov 2024, up by 17.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Navasota has remained consistent over time.

Summary: During November 2024, 11 homes were sold in Navasota; 9% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 9% 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 2 Days Ago

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