Is Roman Forest, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Roman Forest was a Seller's Market.
Housing Prices in Roman Forest, TX
How much do homes in Roman Forest, TX cost?
Median Sold Price
$339,900
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Roman Forest was $339,900 in May 2024, down 2.6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $300K | $303K | +1.0% |
4 Bedrooms | $370K | $360K | -2.7% |
5+ Bedrooms | $379.9K | - | N/A |
Summary: Roman Forest housing prices by bedroom type for May 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 increased by 1%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Woodbranch | $275K | $320K | +16.4% |
Roman Forest | $348.9K | $339.9K | -2.6% |
Southeast Montgomery | $364.8K | $355.2K | -2.6% |
New Caney | $297.2K | $285.8K | -3.8% |
Housing Supply in Roman Forest, TX
How many homes are available in Roman Forest, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Summary: The Roman Forest real estate market had 27 homes for sale in May 2024, a 8.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Roman Forest housing inventory by bedroom type for May 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 11.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Roman Forest in May 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Roman Forest, TX
How long does it take to sell a home in Roman Forest, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 30 Days | +23.0% |
Summary: Homes in Roman Forest had an average of 30 days on market in May 2024, up by 23% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Roman Forest; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.