Is 77015, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77015 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77015 has remained a Seller's Market.

Key Takeaway

77015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77015, TX cost?

Median Sold Price

$185,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$20,000(+12.1%)

Key Takeaway

Homes in 77015 have sold for 12.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $42K$48.2K
+14.8%
2 $108.4K$90K
-17.0%
3 $162K$180K
+11.1%
4 $188K$219K
+16.5%
5+ $214.2K$270K
+26.0%

Median Sold Price Compared To Nearby Zip Codes

77530
+15.4%
77506
+13.9%
77015
+12.1%
77503
+12.1%

How many homes are available in 77015, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
81810.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 12
+100.0%
2 55
0.0%
3 4646
0.0%
4 2625
-3.8%
5+ 33
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
2025+25.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77015, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
60 Days34 Days-43.6%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77015 are selling fast, if you're buying plan to act quickly.

About 77015, TX

Number of homes for sale in 77015, TX real estate market have reached 81. In October 2021 median list price was $185,000 and the average listing age was 34 days. From September 2021 through October 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 14.8% more expensive, 2 bedrooms properties became 17% more cheaper, prices of 3 bedrooms properties increased by 11.1%, 4 bedrooms properties became 16.5% more expensive, prices of 5 bedrooms properties increased by 26%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 100%, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes remained the same, 4 bedrooms homes became 3.8% less available, the quantity of 5 bedrooms homes have not changed. In October 2021, from all listings sold in 77015, TX there were more than 8 sold above asking price, over 10 sold below and more than 7 were sold right at the asked price.