$5,937 Closing Credit*
$499,999
4 Beds
•2 Full Baths
Dwight Vincent, Listing Office: Icon Real Estate
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 November 2023
At the same time last year, Prairie View-Waller was a Neutral 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
$375,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,245(-0.6%)
Key Takeaway
Homes in Prairie View-Waller have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Prairie View-Waller was $375,000 in November 2024, down 0.6% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $805K | +182.5% |
| 2 Bedrooms | $345K | $300K | -13.0% |
| 3 Bedrooms | $327.5K | $348K | +6.3% |
| 4 Bedrooms | $398K | $375K | -5.8% |
| 5+ Bedrooms | $507.8K | $434K | -14.5% |
Summary: Prairie View-Waller housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 182.5%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 14.5%.
Median Sold Price Compared To Nearby Cities
| Prairie View | $265K | $305K | +15.1% |
| Hempstead | $275K | $287K | +4.4% |
| Prairie View-Waller | $377.2K | $375K | -0.6% |
| Waller | $464.8K | $376.9K | -18.9% |
Housing Supply in Prairie View-Waller, TX
How many homes are available in Prairie View-Waller, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 137 | 158 | +15.3% |
Summary: The Prairie View-Waller real estate market had 158 homes for sale in November 2024, a 15.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 53 | 67 | +26.4% |
| 4 Bedrooms | 53 | 58 | +9.4% |
| 5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The Prairie View-Waller 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 decreased by 9.1%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 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. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Prairie View-Waller in November 2024, up by 20.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 100 Days | 60 Days | -39.7% |
Summary: Homes in Prairie View-Waller had an average of 60 days on market in Nov 2024, down by 39.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 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 November 2024, 18 homes were sold in Prairie View-Waller; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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