Is 77015, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77015 was a Neutral Market.
Housing Prices in 77015, TX
How much do homes in 77015, TX cost?
Median Sold Price
$214,933
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $63.5K | $81K | +27.6% |
2 Bedrooms | $105K | $132.5K | +26.2% |
3 Bedrooms | $210K | $210K | 0.0% |
4 Bedrooms | $249.5K | $237.2K | -4.9% |
5+ Bedrooms | $310K | $265K | -14.5% |
Summary: 77015 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.6%, 2 bedroom homes increased by 26.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 14.5%.
Housing Supply in 77015, TX
How many homes are available in 77015, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
111 | 126 | +13.5% |
Summary: The 77015 real estate market had 126 homes for sale in March 2024, a 13.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 56 | 61 | +8.9% |
4 Bedrooms | 34 | 38 | +11.8% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 77015 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 28 | +86.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 77015 in March 2024, up by 86.7% month-over-month. Of the 28 sold homes, 54% were sold under asking, 32% were sold at asking, and 14% were sold over asking.
Days on Market for 77015, TX
How long does it take to sell a home in 77015, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 37 Days | -30.8% |
Summary: Homes in 77015 had an average of 37 days on market in Mar 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in 77015; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.