Is Southeast Harris, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Harris is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Southeast Harris has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Southeast Harris, TX

How much do homes in Southeast Harris, TX cost?

Median Sold Price

$295,666

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,572(+1.9%)

Key Takeaway

Homes in Southeast Harris have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Southeast Harris was $295,666 in October 2024, up 1.9% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K$100.5K
0.5%
2 $195K$191K
-2.1%
3 $260K$269K
+3.4%
4 $341.8K$349.9K
+2.4%
5+ $399.9K$397.9K
-0.5%

Summary: Southeast Harris housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Cities

Southeast Harris
+1.9%
La Porte
+1.7%
Taylor Lake Village
-6.1%
Shoreacres
-7.0%

Housing Supply in Southeast Harris, TX

How many homes are available in Southeast Harris, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
514552+7.4%

Summary: The Southeast Harris real estate market had 552 homes for sale in October 2024, a 7.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1113
+18.2%
2 3746
+24.3%
3 250267
+6.8%
4 171176
+2.9%
5+ 4550
+11.1%

Summary: The Southeast Harris housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98111+13.3%

Asking Price vs. Sold Price

63 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Harris, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.

Summary: A total of 111 homes were sold or pending in Southeast Harris in October 2024, up by 13.3% month-over-month. Of the 111 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for Southeast Harris, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days52 Days+4.5%

Summary: Homes in Southeast Harris had an average of 52 days on market in Oct 2024, up by 4.5% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 111 homes were sold in Southeast Harris; 43% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 22% 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 20 Days Ago

Newest Listings in Southeast Harris, TX

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