Is Northeast Harris, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Harris is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Northeast Harris, TX

How much do homes in Northeast Harris, TX cost?

Median Sold Price

$265,045

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,202(-0.5%)

Key Takeaway

The sold price of homes in Northeast Harris has remained the same since last year.

Summary: The median home sold price in Northeast Harris was $265,045 in October 2024, down 0.5% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $154K$86.5K
-43.8%
2 $199.9K$180K
-10.0%
3 $246.3K$250K
+1.5%
4 $295K$295.1K
0.0%
5+ $340K$355K
+4.4%

Summary: Northeast Harris housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.8%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 1.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Cities

Highlands
+4.2%
Crosby
+1.7%
Mont Belvieu
+0.9%
Northeast Harris
-0.5%
Huffman
-11.5%

Housing Supply in Northeast Harris, TX

How many homes are available in Northeast Harris, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
443504+13.8%

Summary: The Northeast Harris real estate market had 504 homes for sale in October 2024, a 13.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 1416
+14.3%
3 227263
+15.9%
4 169190
+12.4%
5+ 3031
+3.3%

Summary: The Northeast Harris housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 3.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7264-11.1%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Harris, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Northeast Harris in October 2024, down by 11.1% month-over-month. Of the 64 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Northeast Harris, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days48 Days+3.8%

Summary: Homes in Northeast Harris had an average of 48 days on market in Oct 2024, up by 3.8% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 64 homes were sold in Northeast Harris; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% 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 Northeast Harris, TX

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