$159,000
2.42 Acres
Land
Cecilia Hernandez, Listing Office: Better Homes and Gardens Real Estate Gary Greene - Sugar Land
Is Prairie View-Waller, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Prairie View-Waller was a Seller's Market.
Key Takeaway
Prairie View-Waller is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Prairie View-Waller, TX
How much do homes in Prairie View-Waller, TX cost?
Median Sold Price
$378,490
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,490(+0.9%)
Key Takeaway
Homes in Prairie View-Waller have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Prairie View-Waller was $378,490 in October 2024, up 0.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $805K | +182.5% |
| 2 Bedrooms | $330K | $205K | -37.9% |
| 3 Bedrooms | $330K | $365K | +10.6% |
| 4 Bedrooms | $432.9K | $404.9K | -6.5% |
| 5+ Bedrooms | $507.8K | $434K | -14.5% |
Summary: Prairie View-Waller housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 182.5%, 2 bedroom homes decreased by 37.9%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 14.5%.
Median Sold Price Compared To Nearby Cities
| Hempstead | $275.7K | $295K | +7.0% |
| Prairie View-Waller | $375K | $378.4K | +0.9% |
| Waller | $467.5K | $414.9K | -11.2% |
Housing Supply in Prairie View-Waller, TX
How many homes are available in Prairie View-Waller, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 125 | 150 | +20.0% |
Summary: The Prairie View-Waller real estate market had 150 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 48 | 61 | +27.1% |
| 4 Bedrooms | 46 | 52 | +13.0% |
| 5+ Bedrooms | 16 | 24 | +50.0% |
Summary: The Prairie View-Waller housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 27.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prairie View-Waller, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Prairie View-Waller in October 2024, down by 6.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Prairie View-Waller, TX
How long does it take to sell a home in Prairie View-Waller, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 47 Days | -34.6% |
Summary: Homes in Prairie View-Waller had an average of 47 days on market in Oct 2024, down by 34.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Prairie View-Waller are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Prairie View-Waller; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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