Market Report, May 2026
Closed sales in Greatwood, from the Houston Association of REALTORS (HAR) MLS.
May 2026Choose a different month
28
Active Listings
23
New Listings
17
Pending Sales
16
Closed Sales
$585,000
Median Sale Price
$589,563
Average Sale Price
$177.22
Median $ / Sq Ft
16
Avg. Days on Market
older method
2.1
Months of Inventory
MARKET
REPORT
Greatwood recorded 16 closed sales in May 2026, with a median sale price of $585,000, an average sale price of $589,563, and a median sold price of $177.22 per square foot. 23 new listings came to market and 17 homes went pending during the month. With 28 active listings at May 31 and 144 closings over the preceding 11 months, estimated inventory was 2.1 months. Supply was tight enough that well-presented homes faced little direct competition, and buyers had few alternatives to weigh. Sellers who prepared the home properly were rewarded quickly; buyers needed to be ready to act.
Resale Activity
16 resale properties closed during May 2026 at an average sale price of $589,563 and a median of $585,000. The median sold price was $177.22 per square foot, and the median time on market was 14 days. With no builder inventory closing in the neighborhood, these sales set the reference point on their own. Condition, lot and updates separated the homes that sold quickly from those that did not.
Source: Houston Association of REALTORS (HAR) MLS, single-family closed sales in Greatwood, May 2026. Every figure is a closed sale, not an estimate or a model. Days on market for this month was measured before October 2026, when we began counting a home's full time on the market across relistings. It is not measured the same way as the newer months. Every other figure here is unaffected. Last verified Sep 4, 2026.
Other months
Every month we have published for Greatwood. Open one to see its full report.