Nneka Obialo, Listing Office: Coldwell Banker Realty - Sugar Land
Greater OST / South Union Housing Market Report December 2024•Harris County, Texas
Housing Prices in Greater OST / South Union, TX
How much do homes in Greater OST / South Union, TX cost?
Housing Market Conditions
Is Greater OST / South Union, TX a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Greater OST / South Union is a Buyer's Market
Difference Since December 2023
At the same time last year, Greater OST / South Union was a Seller's Market.
Greater OST / South Union 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 Greater OST / South Union have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Greater OST / South Union was $250,000 in December 2024, down 3.8% from last year, and the median price per square foot was $167.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Macgregor | $375K | $375K | 0.0% |
Greater OST / South Union | $260K | $250K | -3.8% |
South Park | $178K | $170K | -4.5% |
Southcrest | $179K | $156K | -12.8% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $474K | - | N/A |
22 Bedrooms | $139K | $115K | -17.3% |
33 Bedrooms | $330K | $290K | -12.1% |
44 Bedrooms | $250K | $246K | -1.6% |
55+ Bedrooms | $340K | $542.5K | +59.6% |
Summary: Greater OST / South Union housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -17.3%. The home price for 3 bedroom homes decreased by -12.1%. The home price for 4 bedroom homes decreased by -1.6%. The home price for 5 bedroom homes increased by +59.6%.
Housing supply in Greater OST / South Union, TX
How many homes are available in Greater OST / South Union, TX?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
191Last MonthDec 2024 | ||
1742 months agoNov 2024 | +9.8 % Change MoMNov – Dec |
Summary: The Greater OST / South Union real estate market had 191 homes for sale in Dec 2024, a 9.8 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
24Last MonthDec 2024 | ||
212 months agoNov 2024 | +14.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 15 | 17 | +13.3% |
33 Bedrooms | 121 | 132 | +9.1% |
44 Bedrooms | 32 | 36 | +12.5% |
55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Greater OST / South Union housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +13.3%. The inventory for 3 bedroom homes increased by +9.1%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Greater OST / South Union, TX cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price17 Homes
If you're buying a home in Greater OST / South Union, you may be able to get a good deal. 70.8% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Greater OST / South Union in December 2024, up by 14.3% month-over-month. Of the 24 sold homes, 71% were sold under asking, 17% were sold at asking, and and 13% were sold over asking.
Days on Market for Greater OST / South Union, TX
How long does it take to sell a home in Greater OST / South Union, TX?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days10 Homes
Over 90 Days3 Homes
Many homes in Greater OST / South Union are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 24 homes were sold in Greater OST / South Union; 46% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
45 DaysThis YearDec 2024 | ||
65 Days1 year agoDec 2023 | -30.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Greater OST / South Union had an average listing age of 45 days in Dec 2024, down by 30.7% compared to the previous year.
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Newest Listings in Greater OST / South Union, TX
What homes are available in Greater OST / South Union, TX?
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MLS Disclaimers and Copyright
Based on information from Houston REALTORS® Information Service, and San Antonio Board of REALTORS MLS for the period 01/01/2023 - 01/01/2025
Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/20/2025, 1:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/20/2025, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.