Is 77004, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77004 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77004 was a Seller's Market.

Key Takeaway

77004 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77004, TX cost?

Median Sold Price

$400,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$25,375(+6.8%)

Key Takeaway

Homes in 77004 have sold for 6.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $216.2K$235.9K
+9.1%
2 $314.7K$318.4K
+1.2%
3 $389.9K$422.5K
+8.4%
4 $499.4K$445K
-10.9%
5+ $530K$510K
-3.8%

Median Sold Price Compared To Nearby Zip Codes

77021
+10.3%
77002
+10.2%
77004
+6.8%
77006
+2.8%

How many homes are available in 77004, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
194195+0.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 611
+83.3%
2 3838
0.0%
3 122120
-1.6%
4 2120
-4.8%
5+ 76
-14.3%

Number of Homes Sold

Oct 2022Nov 2022%
4323-46.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77004, you may be able to get a good deal. 73.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
72 Days45 Days-37.4%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77004 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 77004, TX

Homes for sale in 77004, TX have reached 195. In November 2022 in 77004, TX there were 0.5% more homes for sale than in October 2022. The median list price of listings available in November 2022 was $400,000, while the average time on the real estate market was 45 days. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties became 9.1% more expensive, the cost of 2 bedrooms properties went up by 1.2%, prices of 3 bedrooms properties went up by 8.4%, prices of 4 bedrooms properties went down by 10.9%, prices of 5 bedrooms properties decreased by 3.8%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went up by 83.3%, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 1.6%, the quantity of 4 bedrooms homes went down by 4.8%, volume of 5 bedrooms homes went down by 14.3%. Over 1 listings were sold over their listed price in November 2022 in 77004, TX. In the same period over 17 listings were sold below the listed price and 5 listings were sold for the listed price.