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 October 2020

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

$366,533

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$38,533(+11.7%)

Key Takeaway

Homes in 77004 have sold for 11.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $204K$217.5K
+6.6%
2 $288.5K$314.5K
+9.0%
3 $340K$388.5K
+14.3%
4 $377.1K$520K
+37.9%
5+ $380K$520K
+36.8%

Median Sold Price Compared To Nearby Zip Codes

77021
+31.6%
77004
+11.7%
77006
+6.6%

How many homes are available in 77004, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
2512510.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 1716
-5.9%
2 7170
-1.4%
3 127127
0.0%
4 3131
0.0%
5+ 57
+40.0%

Number of Homes Sold

Sep 2021Oct 2021%
5130-41.2%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were 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. 70% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
41 Days43 Days+6.7%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 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.

About 77004, TX

77004, TX has 251 homes on the market. While the average time on the market in October 2021 was 43 days, the median list price was $366,533. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 6.6%, 2 bedrooms properties became 9% more expensive, prices of 3 bedrooms properties went up by 14.3%, 4 bedrooms properties became 37.9% more expensive, prices of 5 bedrooms properties increased by 36.8%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 5.9% less available, 2 bedrooms homes inventory decreased by 1.4%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes increased by 40%. In October 2021, from all listings sold in 77004, TX there were more than 3 sold above asking price, over 21 sold below and more than 6 were sold right at the asked price.