$10,000 Closing Credit*
$925,000
2,831 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jonathan Bell, Listing Office: Bell Realty Company
Is Northeast Tarrant, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Northeast Tarrant has remained a Seller's Market.
Key Takeaway
Northeast Tarrant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast Tarrant, TX
How much do homes in Northeast Tarrant, TX cost?
Median Sold Price
$280,999
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$124,001(-30.6%)
Key Takeaway
Homes in Northeast Tarrant have sold for 30.6% less than they did a year ago.
Summary: The median home sold price in Northeast Tarrant was $280,999 in November 2024, down 30.6% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117K | $420K | +259.0% |
| 3 Bedrooms | $405K | $245K | -39.5% |
| 4 Bedrooms | $466K | $304.9K | -34.5% |
| 5+ Bedrooms | $280K | $649.5K | +132.0% |
Summary: Northeast Tarrant 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 259%, 3 bedroom homes decreased by 39.5%, 4 bedroom homes decreased by 34.5%, and 5+ bedroom homes increased by 132%.
Housing Supply in Northeast Tarrant, TX
How many homes are available in Northeast Tarrant, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2,390 | 2,330 | -2.5% |
Summary: The Northeast Tarrant real estate market had 2,330 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 113 | 104 | -8.0% |
| 3 Bedrooms | 1,075 | 1,080 | 0.5% |
| 4 Bedrooms | 878 | 816 | -7.1% |
| 5+ Bedrooms | 322 | 329 | +2.2% |
Summary: The Northeast Tarrant 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 decreased by 8%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 2.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 519 | 425 | -18.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Tarrant, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 425 homes were sold or pending in Northeast Tarrant in November 2024, down by 18.1% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Northeast Tarrant, TX
How long does it take to sell a home in Northeast Tarrant, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 20 Days | -43.1% |
Summary: Homes in Northeast Tarrant had an average of 20 days on market in Nov 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Tarrant are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 425 homes were sold in Northeast Tarrant; 1% 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.
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