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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westside is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Westside, TX

How much do homes in Westside, TX cost?

Median Sold Price

$337,189

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,346(+9.2%)

Key Takeaway

Homes in Westside have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Westside was $337,189 in October 2024, up 9.2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $97.2K$101K
+3.9%
2 $159K$165K
+3.8%
3 $280K$299.5K
+7.0%
4 $522.9K$541K
+3.4%
5+ $960K$1.1M
+24.5%

Summary: Westside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 24.5%.

Median Sold Price Compared To Nearby Neighborhoods

Lakes of Parkway
+20.5%
Westside
+9.2%
Westchase
-4.7%
The Parkway
-7.4%
Royal Oaks Country Club
-9.8%

Housing Supply in Westside, TX

How many homes are available in Westside, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9471,079+13.9%

Summary: The Westside real estate market had 1,079 homes for sale in October 2024, a 13.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 6671
+7.6%
2 189232
+22.8%
3 348399
+14.7%
4 267290
+8.6%
5+ 7787
+13.0%

Summary: The Westside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 22.8%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 13%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
168188+11.9%

Asking Price vs. Sold Price

125 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westside, you may be able to get a good deal. 66.5% of homes here sold below asking price last month.

Summary: A total of 188 homes were sold or pending in Westside in October 2024, up by 11.9% month-over-month. Of the 188 sold homes, 66% were sold under asking, 20% were sold at asking, and 13% were sold over asking.

Days on Market for Westside, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days41 Days+26.0%

Summary: Homes in Westside had an average of 41 days on market in Oct 2024, up by 26% compared to last year.

Breakdown of Home Sale Times

100 Homes Were Sold
Under 30 Days

61 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 188 homes were sold in Westside; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% 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 Westside, TX

Nearby Markets to Westside, TX