$1,930 Closing Credit*
$162,500
1,204 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ishme Allah, Listing Office: Village Property Advisors
Is Rosenberg-Richmond, 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, Rosenberg-Richmond was a Seller's Market.
Key Takeaway
Rosenberg-Richmond 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 Rosenberg-Richmond, TX
How much do homes in Rosenberg-Richmond, TX cost?
Median Sold Price
$355,731
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,438(+3.0%)
Key Takeaway
Homes in Rosenberg-Richmond have sold for 3% more than they did a year ago.
Summary: The median home sold price in Rosenberg-Richmond was $355,731 in October 2024, up 3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $310K | +5.1% |
| 3 Bedrooms | $283.9K | $287.1K | +1.1% |
| 4 Bedrooms | $389.9K | $383.8K | -1.6% |
| 5+ Bedrooms | $482.9K | $468K | -3.1% |
Summary: Rosenberg-Richmond housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Rosenberg-Richmond | $345.2K | $355.7K | +3.0% |
| Sugar Land | $430.5K | $439.9K | +2.2% |
Housing Supply in Rosenberg-Richmond, TX
How many homes are available in Rosenberg-Richmond, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 515 | 585 | +13.6% |
Summary: The Rosenberg-Richmond real estate market had 585 homes for sale in October 2024, a 13.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 27 | 30 | +11.1% |
| 3 Bedrooms | 180 | 199 | +10.6% |
| 4 Bedrooms | 251 | 286 | +13.9% |
| 5+ Bedrooms | 57 | 69 | +21.1% |
Summary: The Rosenberg-Richmond housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 21.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 94 | -2.1% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rosenberg-Richmond, you may be able to get a good deal. 68.1% of homes here sold below asking price last month.
Summary: A total of 94 homes were sold or pending in Rosenberg-Richmond in October 2024, down by 2.1% month-over-month. Of the 94 sold homes, 68% were sold under asking, 23% were sold at asking, and 9% were sold over asking.
Days on Market for Rosenberg-Richmond, TX
How long does it take to sell a home in Rosenberg-Richmond, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 43 Days | +20.6% |
Summary: Homes in Rosenberg-Richmond had an average of 43 days on market in Oct 2024, up by 20.6% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rosenberg-Richmond are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 94 homes were sold in Rosenberg-Richmond; 56% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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