#45906782, Margarita Ortegon, Listing Office: Texas Exclusive Realty
South Belt / Ellington Housing Market Report December 2024•Harris County, Texas
Housing Prices in South Belt / Ellington, TX
How much do homes in South Belt / Ellington, TX cost?
Housing Market Conditions
Is South Belt / Ellington, TX a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Belt / Ellington is a Seller's Market
Difference Since December 2023
Since last year, South Belt / Ellington has remained a Seller's Market.
South Belt / Ellington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in South Belt / Ellington have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in South Belt / Ellington was $253,733 in December 2024, down 2.4% from last year, and the median price per square foot was $148.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Edgebrook Area | $212K | $220K | +3.8% |
Clear Lake | $275.9K | $274K | -0.7% |
South Belt / Ellington | $260K | $253.7K | -2.4% |
Greater Hobby Area | $273K | $254.9K | -6.6% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $160K | $165.7K | +3.6% |
33 Bedrooms | $250K | $240K | -4.0% |
44 Bedrooms | $277.5K | $278K | 0.2% |
55+ Bedrooms | $265K | $305K | +15.1% |
Summary: South Belt / Ellington 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 increased by +3.6%. The home price for 3 bedroom homes decreased by -4.0%. The home price for 4 bedroom homes increased by 0.2%. The home price for 5 bedroom homes increased by +15.1%.
Housing supply in South Belt / Ellington, TX
How many homes are available in South Belt / Ellington, TX?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
108Last MonthDec 2024 | ||
1052 months agoNov 2024 | +2.9 % Change MoMNov – Dec |
Summary: The South Belt / Ellington real estate market had 108 homes for sale in Dec 2024, a 2.9 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
21Last MonthDec 2024 | ||
222 months agoNov 2024 | -4.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 70 | 68 | -2.9% |
44 Bedrooms | 28 | 33 | +17.9% |
55+ Bedrooms | 6 | 6 | 0.0% |
Summary: South Belt / Ellington 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 remained the same. The inventory for 3 bedroom homes decreased by -2.9%. The inventory for 4 bedroom homes increased by +17.9%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in South Belt / Ellington, TX cost?
Over Asking Price0 Home
At Asking Price5 Homes
Under Asking Price16 Homes
If you're buying a home in South Belt / Ellington, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in South Belt / Ellington in December 2024, down by 4.5% month-over-month. Of the 21 sold homes, 76% were sold under asking, 24% were sold at asking, and and 0% were sold over asking.
Days on Market for South Belt / Ellington, TX
How long does it take to sell a home in South Belt / Ellington, TX?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days8 Homes
Over 90 Days1 Home
Many homes in South Belt / Ellington are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 21 homes were sold in South Belt / Ellington; 57% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
30 DaysThis YearDec 2024 | ||
46 Days1 year agoDec 2023 | -35.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in South Belt / Ellington had an average listing age of 30 days in Dec 2024, down by 35.3% compared to the previous year.
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Newest Listings in South Belt / Ellington, TX
What homes are available in South Belt / Ellington, TX?
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MLS Disclaimers and Copyright
Based on information from Houston REALTORS® Information Service, 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: 1/31/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.