Is Northwest Bell, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest Bell is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Northwest Bell was a Neutral Market.

Key Takeaway

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

Housing Prices in Northwest Bell, TX

How much do homes in Northwest Bell, TX cost?

Median Sold Price

$390,138

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,362(-4.3%)

Key Takeaway

Homes in Northwest Bell have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Northwest Bell was $390,138 in November 2024, down 4.3% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$154.9K
N/A
2 $310K$454K
+46.5%
3 $318K$346.4K
+9.0%
4 $512.5K$393.4K
-23.2%
5+ $517.5K$565K
+9.2%

Summary: Northwest Bell 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 46.5%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes increased by 9.2%.

Median Sold Price Compared To Nearby Cities

Temple
+2.0%
Northwest Bell
-4.3%

Housing Supply in Northwest Bell, TX

How many homes are available in Northwest Bell, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
153169+10.5%

Summary: The Northwest Bell real estate market had 169 homes for sale in November 2024, a 10.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 6369
+9.5%
4 7381
+11.0%
5+ 1315
+15.4%

Summary: The Northwest Bell 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 increased by 9.5%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northwest Bell, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Northwest Bell in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Northwest Bell, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days98 Days+554.7%

Summary: Homes in Northwest Bell had an average of 98 days on market in Nov 2024, up by 554.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Northwest Bell has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Northwest Bell; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 Northwest Bell, TX

Nearby Markets to Northwest Bell, TX

What housing markets are near Northwest Bell, TX?