Is Texas City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Texas City is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Texas City, TX

How much do homes in Texas City, TX cost?

Median Sold Price

$260,041

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,331(+5.8%)

Key Takeaway

Homes in Texas City have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Texas City was $260,041 in October 2024, up 5.8% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $77K$91K
+18.2%
2 $135K$143.5K
+6.3%
3 $225.1K$240K
+6.6%
4 $311.7K$304.6K
-2.3%
5+ $367.4K$359.9K
-2.0%

Summary: Texas City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Cities

Bacliff
+7.3%
Texas City
+5.8%
Dickinson
+4.6%
Texas City-League City
+4.4%
La Marque
-7.0%

Housing Supply in Texas City, TX

How many homes are available in Texas City, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
353413+17.0%

Summary: The Texas City real estate market had 413 homes for sale in October 2024, a 17.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2729
+7.4%
3 164193
+17.7%
4 141169
+19.9%
5+ 1921
+10.5%

Summary: The Texas City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5444-18.5%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Texas City, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Texas City in October 2024, down by 18.5% month-over-month. Of the 44 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.

Days on Market for Texas City, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days67 Days+58.5%

Summary: Homes in Texas City had an average of 67 days on market in Oct 2024, up by 58.5% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 44 homes were sold in Texas City; 43% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 27% 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 16 Days Ago

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