Greater Third Ward Housing Market Report May 2025•Harris County, Texas

hero building illustration for mobile

Housing Prices in Greater Third Ward, TX

How much do homes in Greater Third Ward, TX cost?

Housing Market Conditions

Is Greater Third Ward, TX a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Greater Third Ward is a Buyer's Market

Difference Since May 2024

At the same time last year, Greater Third Ward was a Seller's Market.

Insight

Greater Third Ward is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$399,445$199/SqFt
-$455
-0.1%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Greater Third Ward has remained the same since last year.

Summary: The median home sold price in Greater Third Ward was $399,445 in May 2025, down 0.1% from last year, and the median price per square foot was $199.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Greater Eastwood
+4.7%
South Central Houston
+2.5%
EaDo
+2.5%
Greater Third Ward
-0.1%
Macgregor
-1.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$230K$770.5K
+235.0%
2$269.5K$269K
-0.2%
3$405.5K$399.9K
-1.4%
4$405K$425K
+4.9%
5$575K$432.5K
-24.8%

Summary: Greater Third Ward housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +235.0%. The home price for 2 bedroom homes decreased by -0.2%. The home price for 3 bedroom homes decreased by -1.4%. The home price for 4 bedroom homes increased by +4.9%. The home price for 5 bedroom homes decreased by -24.8%.

How does Greater Third Ward, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Greater Third Ward, TX

Housing supply in Greater Third Ward, TX

How many homes are available in Greater Third Ward, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
189Last MonthMay 2025
1432 months agoApr 2025
+32.2 %
Change MoMApr – May

Summary: The Greater Third Ward real estate market had 189 homes for sale in May 2025, a 32.2 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
14Last MonthMay 2025
162 months agoApr 2025
-12.5 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
133
0.0%
23033
+10.0%
394129
+37.2%
4916
+77.8%
578
+14.3%

Summary: Greater Third Ward housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +10.0%. The inventory for 3 bedroom homes increased by +37.2%. The inventory for 4 bedroom homes increased by +77.8%. The inventory for 5 bedroom homes increased by +14.3%.

Asking Price vs. Sold Price

How much do homes in Greater Third Ward, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price2 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in Greater Third Ward, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Greater Third Ward in May 2025, down by 12.5% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.

Days on Market for Greater Third Ward, TX

How long does it take to sell a home in Greater Third Ward, TX?

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

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

Summary: During May 2025, 14 homes were sold in Greater Third Ward; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
36 DaysThis YearMay 2025
29 Days1 year agoMay 2024
+21.4 %
Change YoYMay 2024 – May 2025

Summary: Homes in Greater Third Ward had an average listing age of 36 days in May 2025, up by 21.4% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Greater Third Ward, TX

What homes are available in Greater Third Ward, TX?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Texas

MLS Disclaimers and Copyright

Based on information from Houston REALTORS® Information Service, and Unlock MLS for the period 06/01/2023 - 06/01/2025

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

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: 6/5/2025, 10:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


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: 6/5/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.