Inwood North home values have softened over the past year in this rolling three-month view, with the typical home value down about 6 percent year over year to roughly $233,000, while Houston as a whole has seen a smaller price dip. At the same time, sellers are asking more, with the median list price up about 6 percent from a year ago, signaling a gap between list prices and what buyers are ultimately paying.
Inventory has expanded noticeably. Active listings are up around 21 percent compared with a year earlier, and months of supply has more than doubled to just over six months, which is higher than Houston’s 5.3 months and points to more options for buyers. Homes are taking a bit less time to sell than a year ago, with the median days on market down about a week.
Buyer activity shows mixed signals in this rolling three-month snapshot. Closed sales are up nearly 29 percent year over year and new listings have jumped more than 70 percent, yet pending sales have edged down compared with last year and the share of homes selling above list has fallen to zero, with an average sale-to-list ratio just under 100 percent. These patterns suggest buyers have more room to negotiate while sellers face stiffer competition from additional listings. Whether you are a buyer trying to pinpoint value or a seller working to price strategically, Agent Pronto can connect you with a local agent who understands the current dynamics in Inwood North.
