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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest Harris is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Northwest Harris is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Northwest Harris, TX

How much do homes in Northwest Harris, TX cost?

Median Sold Price

$350,193

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,326(+3.0%)

Key Takeaway

Homes in Northwest Harris have sold for 3% more than they did a year ago.

Summary: The median home sold price in Northwest Harris was $350,193 in November 2024, up 3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$126K
+0.8%
2 $195.3K$200K
+2.4%
3 $280.2K$288.2K
+2.9%
4 $376.1K$390K
+3.7%
5+ $534.7K$545.2K
+2.0%

Summary: Northwest Harris housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Cities

Hockley
+8.1%
Spring
+6.3%
Northwest Harris
+3.0%
Pinehurst
0.1%
Tomball
-0.2%

Housing Supply in Northwest Harris, TX

How many homes are available in Northwest Harris, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3,9844,219+5.9%

Summary: The Northwest Harris real estate market had 4,219 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1815
-16.7%
2 108118
+9.3%
3 1,3721,451
+5.8%
4 1,8902,003
+6.0%
5+ 596632
+6.0%

Summary: The Northwest Harris housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
833655-21.4%

Asking Price vs. Sold Price

412 Homes Were Sold
Under Asking

158 Homes Were Sold
At Asking

82 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northwest Harris, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 655 homes were sold or pending in Northwest Harris in November 2024, down by 21.4% month-over-month. Of the 652 sold homes, 63% were sold under asking, 24% were sold at asking, and 13% were sold over asking.

Days on Market for Northwest Harris, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days42 Days+3.5%

Summary: Homes in Northwest Harris had an average of 42 days on market in Nov 2024, up by 3.5% compared to last year.

Breakdown of Home Sale Times

361 Homes Were Sold
Under 30 Days

201 Homes Were Sold
In 30 - 90 Days

90 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 655 homes were sold in Northwest Harris; 55% of homes were sold within 30 days, 31% 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

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