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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Roosevelt Park was a Buyer's Market.

Key Takeaway

Roosevelt Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Roosevelt Park, TX

How much do homes in Roosevelt Park, TX cost?

Median Sold Price

$365,000

$224/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$278,000(+319.5%)

Key Takeaway

Homes in Roosevelt Park have sold for 319.5% more than they did a month ago.

Summary: The median home sold price in Roosevelt Park was $365,000 in October 2024, up 319.5% from last month, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $87K-
N/A
3 -$365K
N/A
4 --
N/A
5+ --
N/A

Summary: Roosevelt Park housing prices by bedroom type for October 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

Roosevelt Park
+319.5%
King William
-7.9%

Housing Supply in Roosevelt Park, TX

How many homes are available in Roosevelt Park, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Roosevelt Park real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 45
+25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Roosevelt Park 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 20%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 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 2 homes were sold or pending in Roosevelt Park in October 2024, up by 100.0% month-over-month. Of the 2 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

Sep 2024Oct 2024CHANGE
44 Days74 Days+69.3%

Summary: Homes in Roosevelt Park had an average of 74 days on market in Oct 2024, up by 69.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 2 homes were sold in Roosevelt Park; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Roosevelt Park, TX

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