Is Roosevelt Park, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roosevelt Park is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Roosevelt Park was a Neutral Market.

Key Takeaway

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

Housing Prices in Roosevelt Park, TX

How much do homes in Roosevelt Park, TX cost?

Median Sold Price

$160,000

$139/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$205,000(-56.2%)

Key Takeaway

Homes in Roosevelt Park have sold for 56.2% less than they did a month ago.

Summary: The median home sold price in Roosevelt Park was $160,000 in November 2024, down 56.2% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$160K
N/A
3 $365K-
N/A
4 --
N/A
5+ --
N/A

Summary: Roosevelt Park housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Riverside
-19.6%
Roosevelt Park
-56.2%

Housing Supply in Roosevelt Park, TX

How many homes are available in Roosevelt Park, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1316+23.1%

Summary: The Roosevelt Park real estate market had 16 homes for sale in November 2024, a 23.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 67
+16.7%
4 22
0.0%
5+ 00
0.0%

Summary: The Roosevelt Park 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 increased by 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Roosevelt Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Roosevelt Park in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Roosevelt Park, TX

How long does it take to sell a home in Roosevelt Park, TX?

Average Sale Time

Oct 2024Nov 2024CHANGE
74 Days65 Days-12.8%

Summary: Homes in Roosevelt Park had an average of 65 days on market in Nov 2024, down by 12.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Roosevelt Park has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Roosevelt Park; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Roosevelt Park, TX

Nearby Markets to Roosevelt Park, TX