Is New Caney, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Caney is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in New Caney, TX

How much do homes in New Caney, TX cost?

Median Sold Price

$284,921

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,921(+3.6%)

Key Takeaway

Homes in New Caney have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in New Caney was $284,921 in November 2024, up 3.6% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $375K$135.4K
-63.9%
2 $197.4K$230K
+16.5%
3 $245K$258K
+5.3%
4 $297.7K$293.9K
-1.3%
5+ $356.7K$346K
-3.0%

Summary: New Caney housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.9%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Cities

Porter
+9.8%
New Caney
+3.6%
Roman Forest
+2.8%

Housing Supply in New Caney, TX

How many homes are available in New Caney, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
262256-2.3%

Summary: The New Caney real estate market had 256 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 55
0.0%
3 8781
-6.9%
4 154155
+0.6%
5+ 1414
0.0%

Summary: The New Caney housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4631-32.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Caney, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in New Caney in November 2024, down by 32.6% month-over-month. Of the 31 sold homes, 45% were sold under asking, 26% were sold at asking, and 29% were sold over asking.

Days on Market for New Caney, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days52 Days+33.8%

Summary: Homes in New Caney had an average of 52 days on market in Nov 2024, up by 33.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in New Caney has remained consistent over time.

Summary: During November 2024, 31 homes were sold in New Caney; 32% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 13% 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

Newest Listings in New Caney, TX

Nearby Markets to New Caney, TX

What housing markets are near New Caney, TX?