Is Settegast, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Settegast is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Settegast 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 Settegast, TX

How much do homes in Settegast, TX cost?

Median Sold Price

$225,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,500(-7.2%)

Key Takeaway

Homes in Settegast have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in Settegast was $225,000 in November 2024, down 7.2% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K-
N/A
2 $80K$85K
+6.3%
3 $249.9K$225K
-10.0%
4 $227.5K$227K
-0.2%
5+ $390.9K$405K
+3.6%

Summary: Settegast housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Neighborhoods

East Houston
+17.9%
Pleasantville Area
+1.3%
Northeast Houston
+0.6%
Houston Gardens
-0.3%
Settegast
-7.2%

Housing Supply in Settegast, TX

How many homes are available in Settegast, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3949+25.6%

Summary: The Settegast real estate market had 49 homes for sale in November 2024, a 25.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 52
-60.0%
3 3040
+33.3%
4 25
+150.0%
5+ 22
0.0%

Summary: The Settegast 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 60%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Settegast, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Settegast in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.

Days on Market for Settegast, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
62 Days38 Days-39.0%

Summary: Homes in Settegast had an average of 38 days on market in Nov 2024, down by 39% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Settegast; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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 17 Days Ago

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