Is Scenic Woods, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scenic Woods is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Scenic Woods was a Seller's Market.

Key Takeaway

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

Housing Prices in Scenic Woods, TX

How much do homes in Scenic Woods, TX cost?

Median Sold Price

$200,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$44,100(-18.1%)

Key Takeaway

Homes in Scenic Woods have sold for 18.1% less than they did a year ago.

Summary: The median home sold price in Scenic Woods was $200,000 in December 2024, down 18.1% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $125K$140K
+12.0%
3 $238.7K$195K
-18.3%
4 $270K$240K
-11.1%
5+ -$250K
N/A

Summary: Scenic Woods housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

East Houston
+13.9%
Northeast Houston
+0.8%
East Little York / Homestead
-8.7%
Eastex - Jensen Area
-15.8%
Scenic Woods
-18.1%

Housing Supply in Scenic Woods, TX

How many homes are available in Scenic Woods, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4446+4.5%

Summary: The Scenic Woods real estate market had 46 homes for sale in December 2024, a 4.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 3028
-6.7%
4 1114
+27.3%
5+ 11
0.0%

Summary: The Scenic Woods housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
62-66.7%

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 Scenic Woods, 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 Scenic Woods in December 2024, down by 66.7% 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 Scenic Woods, TX

How long does it take to sell a home in Scenic Woods, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
65 Days40 Days-39.1%

Summary: Homes in Scenic Woods had an average of 40 days on market in Dec 2024, down by 39.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Scenic Woods are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Scenic Woods; 50% of homes were sold within 30 days, 50% 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 2 Days Ago

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