- June 2025 data for North Houston:
- Median sold price: $340,000 (up 1% year-over-year) (Rocket)
- Buyer’s market: North Houston shifted from a seller’s market last year to a buyer’s market this June (Rocket)
- Average days on market: 43 days, up ~9% from June 2024 (Rocket)
- Homes sold: 155 homes, down 26% from May (Rocket)
- Sold below asking: ~68%; at asking: ~22%; above asking: ~10% (Rocket)
- Late July (Week 30) — broader Houston region:
- Median closed price: $329,000 (down ~6.5% from late June) (Purdy Appraisal)
- Days on market: 21 days (slightly quicker than earlier in the month) (Purdy Appraisal)
- Seller concessions: Up to 45%, indicating increased buyer leverage (Purdy Appraisal)
Summary: Likely July Trends in North Houston
| Metric | Trend in July (Estimated) |
|---|---|
| Median Price | Slight dip—possibly below June's ~$340K |
| Market Type | Still a buyer’s market, given shifting dynamics |
| Days on Market | Possibly stable around 40–50 days |
| Inventory & Demand | Slowing demand may contribute to more homes available and higher concession levels |
| Seller Concessions | Likely increasing, similar to late July Houston averages |
Takeaway: July likely continued the cooling trend seen in June. Price growth plateaued or slightly declined, inventory rose, and buyers gained more negotiation power. Sellers may be offering concessions more frequently to stay competitive.
