Two-minute impact
Market data shows the region experienced growth despite three of the five ZIP codes—77354, 77362 and 77375—seeing a decline from April 2023 to April 2024.
Most of the growth came from Tomball-area ZIP code 77377, which experienced a nearly 60% spike from April 2023 with 47 home sales to 75 last month.By the numbers
Meanwhile, the median prices of homes sold in the region also saw a year-over-year uptick in the region, market data shows.
Four of the five area ZIP codes saw an increase in home sale prices in April with Magnolia-area ZIP code 77354 seeing a decrease.Homes are also staying on the market for less time, as three of the five ZIP codes in the Tomball and Magnolia area experienced a decline in the average days homes stayed on the market.
However, market data shows Magnolia-area ZIP code 77355 and Tomball-area ZIP code 77375 saw a roughly 36% and 20% increase in time on the market, respectively.What else?
Homes were sold across several price points in April, but nearly 65% of all homes sold were in the $250,000-$499,999 price range.
