#95112661, Tiffany Sommer, Listing Office: Vip Realty
El Lago Housing Market Report January 2025•Harris County, Texas
Housing Prices in El Lago, TX
How much do homes in El Lago, TX cost?
Housing Market Conditions
Is El Lago, TX a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
El Lago is a Buyer's Market
Difference Since January 2024
At the same time last year, El Lago was a Seller's Market.
El Lago is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in El Lago have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in El Lago was $322,500 in January 2025, up 0.8% from last year, and the median price per square foot was $136.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
El Lago | $320K | $322.5K | +0.8% |
Southeast Harris | $298K | $297.4K | -0.2% |
Seabrook | $366.2K | $365K | -0.3% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $116.2K | $110K | -5.3% |
22 Bedrooms | $217K | $135.5K | -37.6% |
33 Bedrooms | $321.7K | $317.5K | -1.3% |
44 Bedrooms | $335K | $365K | +9.0% |
55+ Bedrooms | $420K | $550K | +31.0% |
Summary: El Lago housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.3%. The home price for 2 bedroom homes decreased by -37.6%. The home price for 3 bedroom homes decreased by -1.3%. The home price for 4 bedroom homes increased by +9.0%. The home price for 5 bedroom homes increased by +31.0%.
Housing supply in El Lago, TX
How many homes are available in El Lago, TX?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
24Last MonthJan 2025 | ||
192 months agoDec 2024 | +26.3 % Change MoMDec – Jan |
Summary: The El Lago real estate market had 24 homes for sale in Jan 2025, a 26.3 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1Last MonthJan 2025 | ||
32 months agoDec 2024 | -66.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 5 | +25.0% |
22 Bedrooms | 4 | 6 | +50.0% |
33 Bedrooms | 2 | 3 | +50.0% |
44 Bedrooms | 5 | 7 | +40.0% |
55+ Bedrooms | 4 | 3 | -25.0% |
Summary: El Lago housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +40.0%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in El Lago, TX cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
If you're buying a home in El Lago, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in El Lago in January 2025, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for El Lago, TX
How long does it take to sell a home in El Lago, TX?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in El Lago are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 1 homes were sold in El Lago; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
13 DaysThis YearJan 2025 | ||
75 Days1 year agoJan 2024 | -82.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in El Lago had an average listing age of 13 days in Jan 2025, down by 82.8% compared to the previous year.
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Newest Listings in El Lago, TX
What homes are available in El Lago, TX?
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MLS Disclaimers and Copyright
Based on information from Houston REALTORS® Information Service, for the period 02/01/2023 - 02/01/2025
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Last updated on: 2/21/2025, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.