The University Place housing market is somewhat competitive. The median sale price of a home in University Place was $770K last month, down 23.4% since last year. The median sale price per square foot in University Place is $369, up 16.2% since last year.
What is the housing market like in University Place today?
In March 2024, University Place home prices were down 23.4% compared to last year, selling for a median price of $770K. On average, homes in University Place sell after 49 days on the market compared to 27 days last year. There were 35 homes sold in March this year, down from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$770,000
-23.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
University Place, TX
$770,000
-23.4%
United States
To compare other locations to the University Place and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Houston add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the University Place housing market?
University Place is somewhat competitive. Homes sell in 35 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 9 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Roberts Elementary School
Public • PreK-5
757
Students
19 reviews
6/10
Poe Elementary School
Public • PreK-5
866
Students
13 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on University Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University Place.
Risk Factor
Flood Factor - Major
71% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University Place has a major risk of flooding. 1,249 properties in University Place are likely to be
severely affected
by flooding over the next 30 years. This represents 71% of all properties in University Place. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
University Place has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. University Place is most at risk from hurricanes. 4,869 properties in University Place have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 140 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 147 mph.
98% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
University Place has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in University Place have an Extreme Heat Factor®.
University Place is expected to see a 228% increase in the number of days over 109ºF over the next 30 years. University Place is expected to experience 7