Is 77014, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77014 has remained a Seller's Market.
Housing Prices in 77014, TX
How much do homes in 77014, TX cost?
Median Sold Price
$247,937
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77014 was $247,937 in March 2024, up 4% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77K | $119.9K | +55.8% |
2 Bedrooms | $152.5K | $160K | +4.9% |
3 Bedrooms | $220K | $215.2K | -2.2% |
4 Bedrooms | $270K | $285K | +5.6% |
5+ Bedrooms | $314.9K | $310K | -1.6% |
Summary: 77014 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.8%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 1.6%.
Housing Supply in 77014, TX
How many homes are available in 77014, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 73 | +5.8% |
Summary: The 77014 real estate market had 73 homes for sale in March 2024, a 5.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 23 | 30 | +30.4% |
4 Bedrooms | 36 | 34 | -5.6% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 77014 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 30.4%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 77014 in March 2024, down by 13.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for 77014, TX
How long does it take to sell a home in 77014, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 45 Days | -10.2% |
Summary: Homes in 77014 had an average of 45 days on market in Mar 2024, down by 10.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 77014; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.