Is The East End, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The East End is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, The East End was a Seller's Market.

Key Takeaway

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

Housing Prices in The East End, TX

How much do homes in The East End, TX cost?

Median Sold Price

$469,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$64,975(+16.1%)

Key Takeaway

Homes in The East End have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in The East End was $469,000 in December 2024, up 16.1% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $321.9K$425K
+32.0%
2 $330K$243.9K
-26.1%
3 $399K$477K
+19.5%
4 $565K$543.5K
-3.8%
5+ $570K$675K
+18.4%

Summary: The East End housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes decreased by 26.1%, 3 bedroom homes increased by 19.5%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 18.4%.

Housing Supply in The East End, TX

How many homes are available in The East End, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5156+9.8%

Summary: The The East End real estate market had 56 homes for sale in December 2024, a 9.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 55
0.0%
2 1214
+16.7%
3 2022
+10.0%
4 1011
+10.0%
5+ 44
0.0%

Summary: The The East End housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The East End, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in The East End in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for The East End, TX

How long does it take to sell a home in The East End, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
48 Days121 Days+153.6%

Summary: Homes in The East End had an average of 121 days on market in Dec 2024, up by 153.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in The East End are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 4 homes were sold in The East End; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 6 Days Ago

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