Is 77002, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77002 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 77002 has remained a Buyer's Market.

Key Takeaway

77002 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77002, TX cost?

Median Sold Price

$355,000

$266/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

+$56,000(+18.7%)

Key Takeaway

Homes in 77002 have sold for 18.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 $266.2K$149K
-44.0%
2 $365K$395.7K
+8.4%
3 $457.5K-
N/A
4 --
N/A
5+ --
N/A

How many homes are available in 77002, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
7269-4.2%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 2726
-3.7%
2 3635
-2.8%
3 98
-11.1%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
990.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77002, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Nov 2021%
63 Days57 Days-9.1%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77002 are selling fast, if you're buying plan to act quickly.

About 77002, TX

Number of homes for sale in 77002, TX real estate market have reached 69. The number of homes for sale in 77002, TX decreased by 4.2% between October 2021 and November 2021. While the average time on the market in November 2021 was 57 days, the median list price was $355,000. Between November 2020 and November 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices decreased by 44%, 2 bedrooms properties became 8.4% more expensive, prices of 3 bedrooms properties went up by 0%, the cost of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes became 3.7% less available, number of 2 bedrooms homes decreased by 2.8%, volume of 3 bedrooms homes went down by 11.1%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes remained the same. In November 2021, from all listings sold in 77002, TX there were more than 1 sold above asking price, over 5 sold below and more than 3 were sold right at the asked price.