Is Rosharon, 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, Rosharon was a Seller's Market.
Key Takeaway
Rosharon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Rosharon, TX
How much do homes in Rosharon, TX cost?
Median Sold Price
$340,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Rosharon have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Rosharon was $340,000 in May 2024, up 0.5% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $171K | $227.1K | +32.9% |
| 3 Bedrooms | $292.3K | $290K | -0.8% |
| 4 Bedrooms | $365.5K | $362.8K | -0.7% |
| 5+ Bedrooms | $520K | $512.5K | -1.4% |
Summary: Rosharon 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 increased by 32.9%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in Rosharon, TX
How many homes are available in Rosharon, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 400 | 476 | +19.0% |
Summary: The Rosharon real estate market had 476 homes for sale in May 2024, a 19.0% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 125 | 146 | +16.8% |
| 4 Bedrooms | 230 | 276 | +20.0% |
| 5+ Bedrooms | 39 | 48 | +23.1% |
Summary: The Rosharon 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 16.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 | 79 | +27.4% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rosharon, you may be able to get a good deal. 65.8% of homes here sold below asking price last month.
Summary: A total of 79 homes were sold or pending in Rosharon in May 2024, up by 27.4% month-over-month. Of the 79 sold homes, 66% were sold under asking, 20% were sold at asking, and 14% were sold over asking.
Days on Market for Rosharon, TX
How long does it take to sell a home in Rosharon, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 51 Days | 57 Days | +11.2% |
Summary: Homes in Rosharon had an average of 57 days on market in May 2024, up by 11.2% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rosharon has remained consistent over time.
Summary: During May 2024, 79 homes were sold in Rosharon; 39% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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