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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nederland is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Nederland, TX

How much do homes in Nederland, TX cost?

Median Sold Price

$239,750

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,750(+19.9%)

Key Takeaway

Homes in Nederland have sold for 19.9% more than they did a year ago.

Summary: The median home sold price in Nederland was $239,750 in October 2024, up 19.9% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $152K-
N/A
2 $180K$107.5K
-40.3%
3 $177.5K$227K
+27.9%
4 $313.5K$307.4K
-1.9%
5+ $385K$401.5K
+4.3%

Summary: Nederland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.3%, 3 bedroom homes increased by 27.9%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Nederland
+19.9%
Port Arthur
+16.7%

Housing Supply in Nederland, TX

How many homes are available in Nederland, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2630+15.4%

Summary: The Nederland real estate market had 30 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1217
+41.7%
4 1313
0.0%
5+ 10
-100.0%

Summary: The Nederland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Nederland, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Nederland in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Nederland, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days13 Days-69.2%

Summary: Homes in Nederland had an average of 13 days on market in Oct 2024, down by 69.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Nederland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Nederland, TX

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