Is 77019, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 77019 has remained a Seller's Market.
Housing Prices in 77019, TX
How much do homes in 77019, TX cost?
Median Sold Price
$667,500
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 77019 was $667,500 in May 2024, up 0.9% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $222.5K | $257.5K | +15.7% |
2 Bedrooms | $386K | $399K | +3.4% |
3 Bedrooms | $647.5K | $660K | +1.9% |
4 Bedrooms | $1.3M | $1.0M | -22.9% |
5+ Bedrooms | $3.0M | $4.9M | +63.7% |
Summary: 77019 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes increased by 63.7%.
Housing Supply in 77019, TX
How many homes are available in 77019, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
190 | 216 | +13.7% |
Summary: The 77019 real estate market had 216 homes for sale in May 2024, a 13.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 17 | +13.3% |
2 Bedrooms | 46 | 46 | 0.0% |
3 Bedrooms | 69 | 76 | +10.1% |
4 Bedrooms | 47 | 55 | +17.0% |
5+ Bedrooms | 13 | 22 | +69.2% |
Summary: The 77019 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 69.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 43 | 0.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in 77019 in May 2024, the same as the previous month. Of the 43 sold homes, 74% were sold under asking, 9% were sold at asking, and 16% were sold over asking.
Days on Market for 77019, TX
How long does it take to sell a home in 77019, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 31 Days | -17.4% |
Summary: Homes in 77019 had an average of 31 days on market in May 2024, down by 17.4% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in 77019; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.