Is Bridge City-Orangefield, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bridge City-Orangefield was a Buyer's Market.
Housing Prices in Bridge City-Orangefield, TX
How much do homes in Bridge City-Orangefield, TX cost?
Median Sold Price
$248,605
$139/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Bridge City-Orangefield was $248,605 in May 2024, up 80.1% from last month, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $128K | - | N/A |
3 Bedrooms | $216.5K | $248.6K | +14.8% |
4 Bedrooms | $184.3K | $225.4K | +22.3% |
5+ Bedrooms | - | - | N/A |
Summary: Bridge City-Orangefield housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Port Arthur | $87K | $200K | +129.9% |
Bridge City-Orangefield | $138K | $248.6K | +80.1% |
Bridge City | $138K | $189.9K | +37.6% |
Housing Supply in Bridge City-Orangefield, TX
How many homes are available in Bridge City-Orangefield, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 39 | +18.2% |
Summary: The Bridge City-Orangefield real estate market had 39 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Bridge City-Orangefield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Bridge City-Orangefield in May 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Bridge City-Orangefield, TX
How long does it take to sell a home in Bridge City-Orangefield, TX?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
80 Days | 75 Days | -6.7% |
Summary: Homes in Bridge City-Orangefield had an average of 75 days on market in May 2024, down by 6.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Bridge City-Orangefield; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.