New - 4 hours on Rocket
Shelby Forbert, Listing Office: White House Global Properties
West University Place Housing Market Report December 2024•Harris County, Texas
Housing Prices in West University Place, TX
How much do homes in West University Place, TX cost?
Housing Market Conditions
Is West University Place, TX a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
West University Place is a Seller's Market
Difference Since December 2023
Since last year, West University Place has remained a Seller's Market.
Insight
West University Place is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,825,000$515/SqFt
+$125,000
+7.4%
Based on all homes sold in the last 12 months
Insight
Homes in West University Place have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in West University Place was $1,825,000 in December 2024, up 7.4% from last year, and the median price per square foot was $515.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| West University Place | $1.7M | $1.8M | +7.4% |
| Houston | $311.6K | $320.1K | +2.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $867K | $788K | -9.1% |
| 33 Bedrooms | $1.0M | $1.3M | +25.2% |
| 44 Bedrooms | $1.7M | $1.8M | +6.0% |
| 55+ Bedrooms | $2.1M | $2.3M | +11.0% |
Summary: West University Place 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 -9.1%. The home price for 3 bedroom homes increased by +25.2%. The home price for 4 bedroom homes increased by +6.0%. The home price for 5 bedroom homes increased by +11.0%.
Housing supply in West University Place, TX
How many homes are available in West University Place, TX?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthDec 2024 | ||
| 632 months agoNov 2024 | -19.0 % Change MoMNov – Dec |
Summary: The West University Place real estate market had 51 homes for sale in Dec 2024, a 19.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthDec 2024 | ||
| 172 months agoNov 2024 | +17.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 6 | 4 | -33.3% |
| 33 Bedrooms | 12 | 13 | +8.3% |
| 44 Bedrooms | 34 | 28 | -17.6% |
| 55+ Bedrooms | 11 | 6 | -45.5% |
Summary: West University Place 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 decreased by -33.3%. The inventory for 3 bedroom homes increased by +8.3%. The inventory for 4 bedroom homes decreased by -17.6%. The inventory for 5 bedroom homes decreased by -45.5%.
Asking Price vs. Sold Price
How much do homes in West University Place, TX cost?
Over Asking Price8 Homes
At Asking Price1 Home
Under Asking Price11 Homes
Insight
If you're buying a home in West University Place, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in West University Place in December 2024, up by 17.6% month-over-month. Of the 20 sold homes, 55% were sold under asking, 5% were sold at asking, and and 40% were sold over asking.
Days on Market for West University Place, TX
How long does it take to sell a home in West University Place, TX?
Breakdown of Home Sale Times
Under 30 Days17 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in West University Place are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in West University Place; 85% of homes were sold within 30 days, 15% 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 |
|---|---|---|
| 17 DaysThis YearDec 2024 | ||
| 64 Days1 year agoDec 2023 | -73.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in West University Place had an average listing age of 17 days in Dec 2024, down by 73.4% compared to the previous year.
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Newest Listings in West University Place, TX
What homes are available in West University Place, TX?
New - 5 hours on Rocket
Cesar Estefan, Listing Office: Douglas Elliman Real Estate
New - 1 day on Rocket
$10,000 Closing Credit¹
Ashton Ferrari, Listing Office: Greenwood King Properties - Kirby Office
New - 3 days on Rocket
$10,000 Closing Credit¹
Kristine Martinez, Listing Office: Martha Turner Sotheby's International Realty
New - 4 days on Rocket
$10,000 Closing Credit¹
Kristin Tillman, Listing Office: Greenwood King Properties - Kirby Office
New - 5 days on Rocket
$10,000 Closing Credit¹
Edwin Ortiz, Listing Office: NuWay Realty Group LLC
$7,113 Closing Credit¹
Moselle Chapman, Listing Office: Greenwood King Properties - Kirby Office
$10,000 Closing Credit¹
Barbara Fisher, Listing Office: Greenwood King Properties - Kirby Office
$10,000 Closing Credit¹
Brena Moglovkin, Listing Office: Martha Turner Sotheby's International Realty
$10,000 Closing Credit¹
Hussein Hussein, Listing Office: Nextgen Real Estate Properties
Dee Dee Guggenheim Howes, Listing Office: Compass RE Texas, LLC - Houston
$10,000 Closing Credit¹
Amy Bernstein, Listing Office: Bernstein Realty
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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
Disclaimer: 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.
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Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.