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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunrise is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Sunrise, TX

How much do homes in Sunrise, TX cost?

Median Sold Price

$199,999

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,999(+2.6%)

Key Takeaway

Homes in Sunrise have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Sunrise was $199,999 in November 2024, up 2.6% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $165K$165K
0.0%
3 $194.9K$183K
-6.1%
4 $292.5K$256.5K
-12.3%
5+ $194K$260K
+34.0%

Summary: Sunrise 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 decreased by 6.1%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes increased by 34%.

Median Sold Price Compared To Nearby Neighborhoods

Sunrise
+2.6%
Woodlake
-3.3%

Housing Supply in Sunrise, TX

How many homes are available in Sunrise, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4143+4.9%

Summary: The Sunrise real estate market had 43 homes for sale in November 2024, a 4.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2326
+13.0%
4 1615
-6.3%
5+ 00
0.0%

Summary: The Sunrise 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 increased by 13%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunrise, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Sunrise in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Sunrise, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days77 Days+25.9%

Summary: Homes in Sunrise had an average of 77 days on market in Nov 2024, up by 25.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sunrise has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Sunrise; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

Newest Listings in Sunrise, TX

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