Is Tiki Island, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Tiki Island was a Neutral Market.
Housing Prices in Tiki Island, TX
How much do homes in Tiki Island, TX cost?
Median Sold Price
$750,000
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tiki Island was $750,000 in April 2024, down 9.6% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $680K | $594.5K | -12.6% |
3 Bedrooms | $790K | $690K | -12.7% |
4 Bedrooms | $1.1M | $1.0M | -3.4% |
5+ Bedrooms | $2.2M | $1.6M | -25.4% |
Summary: Tiki Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.6%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 25.4%.
Median Sold Price Compared To Nearby Cities
Hitchcock | $280K | $306K | +9.3% |
La Marque-Hitchcock | $290.1K | $286.7K | -1.2% |
Tiki Island | $830K | $750K | -9.6% |
Housing Supply in Tiki Island, TX
How many homes are available in Tiki Island, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 59 | +22.9% |
Summary: The Tiki Island real estate market had 59 homes for sale in April 2024, a 22.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 23 | 30 | +30.4% |
4 Bedrooms | 15 | 20 | +33.3% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Tiki Island housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 30.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Tiki Island in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tiki Island, TX
How long does it take to sell a home in Tiki Island, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
134 Days | 96 Days | -28.1% |
Summary: Homes in Tiki Island had an average of 96 days on market in Apr 2024, down by 28.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Tiki Island; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.