Is 77014, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77014 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 77014 has remained a Seller's Market.

Key Takeaway

77014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77014, TX cost?

Median Sold Price

$245,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$34,000(+16.1%)

Key Takeaway

Homes in 77014 have sold for 16.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $87K$84.2K
-3.2%
2 $149.9K$176K
+17.4%
3 $186.5K$225K
+20.6%
4 $237.4K$275K
+15.8%
5+ $267K$314.9K
+17.9%

Median Sold Price Compared To Nearby Zip Codes

77066
+18.5%
77067
+16.9%
77014
+16.1%
77090
+14.7%
77068
+14.2%

How many homes are available in 77014, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
7282+13.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 24
+100.0%
3 3945
+15.4%
4 2829
+3.6%
5+ 23
+50.0%

Number of Homes Sold

Oct 2022Nov 2022%
1317+30.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77014, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
14 Days41 Days+192.9%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77014 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 77014, TX

Number of homes for sale in 77014, TX real estate market have reached 82. The inventory of homes for sale in 77014, TX between October 2022 and November 2022 increased by 13.9%. In November 2022 median list price was $245,000 and the average listing age was 41 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices decreased by 3.2%, 2 bedrooms properties became 17.4% more expensive, 3 bedrooms properties became 20.6% more expensive, prices of 4 bedrooms properties increased by 15.8%, 5 bedrooms properties prices increased by 17.9%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 100%, the quantity of 3 bedrooms homes went up by 15.4%, 4 bedrooms homes inventory increased by 3.6%, 5 bedrooms homes became 50% more available. In November 2022, from all listings sold in 77014, TX there were more than 3 sold above asking price, over 9 sold below and more than 5 were sold right at the asked price.