Altos Market Data for Realtors

Tomball, TX

Single-Family Homes

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Tomball, TX

Fri Mar 29 2024
This week the median list price for Tomball, TX is $419,995 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 403. Click here to stay informed with the Tomball market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Tomball, TX

Fri Mar 29 2024
This week the median list price for Tomball, TX is $419,995 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 403. Click here to stay informed with the Tomball market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Tomball market.
Median List Price $419,995
Median Price of New Listings $375,793
Per Square Foot $184
Average Days on Market 81
Median Days on Market 42
Price Decreased 33%
Price Increased 13%
Relisted 15%
Inventory 403
Median Rent
Market Action 35
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$793,573 3,468 1 - 2.5 acres 4 3.5 10 12 7 49
$467,838 2,587 6,500 - 8,000 sqft 4 3 1 10 12 42
$380,000 2,280 6,500 - 8,000 sqft 4 2.5 1 7 9 42
$305,000 1,776 4,500 - 6,500 sqft 3 2 18 20 12 42