The typical home value in
University Place
is projected to be
$791,880
for the month of
November.
October’s
finalized data reported the typical value of a home in the
neighborhood
to be
$898,750—down
4.89%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$340,000
in
Houston
for the most recent reporting period.
That number is expected to float around
$337,500
in
November.
University Place
had
71
new listings and
56
listings that went under contract in
October,
decreasing
the area’s total available inventory to
72—down
12.2%
from the previous month. Inventory is projected to have further
decreased
in
November.
The median listing price for homes in
University Place
grew
8.29%
from
September
to
October,
bringing the current median listing price to
$1,150,000.
Based on projected data for
November,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
October 2025,
the median time for a listed property to go pending was
75
days, compared to
119
days in
October 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
November.
