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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Needville is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Needville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Needville, TX

How much do homes in Needville, TX cost?

Median Sold Price

$373,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,500(+1.5%)

Key Takeaway

Homes in Needville have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Needville was $373,000 in November 2024, up 1.5% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $239K-
N/A
2 $170K$255K
+50.0%
3 $320K$339.5K
+6.1%
4 $575K$493.5K
-14.2%
5+ $865K$592K
-31.6%

Summary: Needville 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 50%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 31.6%.

Housing Supply in Needville, TX

How many homes are available in Needville, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6157-6.6%

Summary: The Needville real estate market had 57 homes for sale in November 2024, a 6.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 3029
-3.3%
4 2018
-10.0%
5+ 109
-10.0%

Summary: The Needville 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 3.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
147-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Needville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Needville in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Needville, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days36 Days+154.2%

Summary: Homes in Needville had an average of 36 days on market in Nov 2024, up by 154.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Needville; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in Needville, TX

Nearby Markets to Needville, TX