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Friday, December 27, 2024

Houston home prices fall in the second half of 2019

Realestate1

The median sale price of a home sold in the second half of 2019 in Houston fell by $47,000 while total sales increased by 13.3%, according to BlockShopper.com.

From July through December of 2019, there were 17 homes sold, with a median sale price of $83,000 - a 36.2% decrease over the $130,000 median sale price for the same period of the previous year. There were 15 homes sold in Houston in the second half of 2018.

The median sales tax in Houston for the most recent year with available data, 2015, was $453, approximately 0.5% of the median home sale price for the second half of 2019.

The following table compares Houston to other Kent County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Summerfield Village20-$152,000$0-
Rodney Village1720-15%$144,000$118,75021.3%
Cheswold7540%$135,000$255,000-47.1%
Star Hill Village440%$127,581.50$52,750141.9%
Bush Manor31200%$124,000$81,50052.1%
Leipsic15-80%$99,900$55,00081.6%
Voshell Cove330%$91,750$174,900-47.5%
Capitol Park9812.5%$89,000$51,50072.8%
Houston171513.3%$83,000$130,000-36.2%
Lucky Estates25-60%$75,950$254,000-70.1%
Little Creek20-$72,000$0-

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