The University Place housing market is somewhat competitive. The median sale price of a home in University Place was $938K last month, up 10.0% since last year. The median sale price per square foot in University Place is $380, down 10.5% since last year.
What is the housing market like in University Place today?
In October 2024, University Place home prices were up 10.0% compared to last year, selling for a median price of $938K. On average, homes in University Place sell after 31 days on the market compared to 25 days last year. There were 38 homes sold in October this year, down from 49 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$937,500
+10.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
University Place, TX
$937,500
+10.0%
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.
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How hot is the University Place housing market?
University Place is somewhat competitive. Homes sell in 61 days.
0
100
37
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 3% below list price and go pending in around 61 days.
Hot homes
can sell for around list price and go pending in around 7 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
University Place, TX
97.6%
+1.0 pt
United States
Schools in University Place
Learn about schools in the University Place area
Elementary
Middle
High
GreatSchools Rating
9/10
Roberts Elementary School
Public • PreK-5
689
Students
19 reviews
5/10
Poe Elementary School
Public • PreK-5
776
Students
15 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.
Flood Factor - Minor
68% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University Place has a minor risk of flooding. 1,123 properties in University Place are likely to be
severely affected
by flooding over the next 30 years. This represents 68% 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. 4,874 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