Is 77003, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77003 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77003 has remained a Seller's Market.

Key Takeaway

77003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77003, TX cost?

Median Sold Price

$357,274

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$2,274(+0.6%)

Key Takeaway

Homes in 77003 have sold for 0.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $259.8K$205K
-21.1%
2 $296K$297.7K
+0.6%
3 $372.4K$381.5K
+2.4%
4 $584.9K$548.9K
-6.1%
5+ -$375K
N/A

Median Sold Price Compared To Nearby Zip Codes

77004
+11.7%
77003
+0.6%
77020
0.0%

How many homes are available in 77003, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
128130+1.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 710
+42.9%
2 3839
+2.6%
3 7371
-2.7%
4 56
+20.0%
5+ 54
-20.0%

Number of Homes Sold

Sep 2021Oct 2021%
2628+7.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77003, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
64 Days33 Days-47.8%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77003 are selling fast, if you're buying plan to act quickly.

About 77003, TX

There are 130 homes are for sale in 77003, TX real estate market. The number of homes for sale in 77003, TX increased by 1.6% between September 2021 and October 2021. In October 2021, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $357,274. Listing prices have changed in this real estate market between September 2021 and October 2021: 1 bedroom properties became 21.1% more cheaper, 2 bedrooms properties prices increased by 0.6%, the cost of 3 bedrooms properties went up by 2.4%, the cost of 4 bedrooms properties went down by 6.1%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 42.9%, volume of 2 bedrooms homes went up by 2.6%, the quantity of 3 bedrooms homes went down by 2.7%, the quantity of 4 bedrooms homes went up by 20%, number of 5 bedrooms homes decreased by 20%. While more than 8 listings in 77003, TX in October 2021 were sold above asking price, there were more than 6 listings sold at asking price, and more than 14 were sold below.