Southwest Housing Market Report February 2025•Harris County, Texas

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Housing Prices in Southwest, TX

How much do homes in Southwest, TX cost?

Housing Market Conditions

Is Southwest, 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

Southwest is a Buyer's Market

Difference Since February 2024

At the same time last year, Southwest was a Seller's Market.

Insight

Southwest 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.
$283,561$165/SqFt
+$3,148
+1.1%

Based on all homes sold in the last 12 months

Insight

Homes in Southwest have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Southwest was $283,561 in February 2025, up 1.1% from last year, and the median price per square foot was $165.

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
Willow Meadows
+2.7%
Corinthian Pointe
+2.2%
Southwest
+1.1%
Willow Meadows / Willowbend Area
-3.2%
Willowbend
-11.4%

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.
BedsFeb 2024Feb 2025Change YoY
1$110K$106K
-3.6%
2$155K$160.5K
+3.5%
3$298.5K$293.1K
-1.8%
4$361.2K$376.5K
+4.2%
5$848K$907.5K
+7.0%

Summary: Southwest housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.6%. The home price for 2 bedroom homes increased by +3.5%. The home price for 3 bedroom homes decreased by -1.8%. The home price for 4 bedroom homes increased by +4.2%. The home price for 5 bedroom homes increased by +7.0%.

Housing supply in Southwest, TX

How many homes are available in Southwest, 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
853Last MonthFeb 2025
7172 months agoJan 2025
+19.0 %
Change MoMJan – Feb

Summary: The Southwest real estate market had 853 homes for sale in Feb 2025, a 19.0 % increase compared to Jan 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
96Last MonthFeb 2025
1102 months agoJan 2025
-12.7 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
15567
+21.8%
2123148
+20.3%
3334404
+21.0%
4176200
+13.6%
52934
+17.2%

Summary: Southwest housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +21.8%. The inventory for 2 bedroom homes increased by +20.3%. The inventory for 3 bedroom homes increased by +21.0%. The inventory for 4 bedroom homes increased by +13.6%. The inventory for 5 bedroom homes increased by +17.2%.

Asking Price vs. Sold Price

How much do homes in Southwest, 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 Price17 Homes

At Asking Price16 Homes

Under Asking Price63 Homes

Insight

If you're buying a home in Southwest, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.

Summary: A total of 96 homes were sold or pending in Southwest in February 2025, down by 12.7% month-over-month. Of the 96 sold homes, 66% were sold under asking, 17% were sold at asking, and and 18% were sold over asking.

Days on Market for Southwest, TX

How long does it take to sell a home in Southwest, TX?

Breakdown of Home Sale Times

Under 30 Days48 Homes

30 – 90 Days35 Homes

Over 90 Days13 Homes

Insight

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

Summary: During February 2025, 96 homes were sold in Southwest; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% 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
44 DaysThis YearFeb 2025
44 Days1 year agoFeb 2024
+0.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Southwest had an average listing age of 44 days in Feb 2025, up by 0.7% compared to the previous year.

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Newest Listings in Southwest, TX

What homes are available in Southwest, TX?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Houston REALTORS® Information Service, for the period 03/01/2023 - 03/01/2025

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”.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/4/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.