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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shoreacres is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Shoreacres was a Neutral Market.

Key Takeaway

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

Housing Prices in Shoreacres, TX

How much do homes in Shoreacres, TX cost?

Median Sold Price

$278,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,500(-0.9%)

Key Takeaway

Homes in Shoreacres have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Shoreacres was $278,000 in November 2024, down 0.9% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $253.7K$265.5K
+4.6%
4 $350K$297.5K
-15.0%
5+ $495K-
N/A

Summary: Shoreacres 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 did not change, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Southeast Harris
0.2%
Shoreacres
-0.9%
La Porte
-0.9%

Housing Supply in Shoreacres, TX

How many homes are available in Shoreacres, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The Shoreacres real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1110
-9.1%
4 34
+33.3%
5+ 11
0.0%

Summary: The Shoreacres 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

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 Shoreacres, 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 Shoreacres in November 2024, down by 60.0% 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 Shoreacres, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days16 Days+230.0%

Summary: Homes in Shoreacres had an average of 16 days on market in Nov 2024, up by 230% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Shoreacres; 100% of homes were sold within 30 days, 0% 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

Newest Listings in Shoreacres, TX

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