Is 77017, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77017 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 77017 has remained a Seller's Market.

Key Takeaway

77017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77017, TX cost?

Median Sold Price

$203,900

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$18,950(+10.2%)

Key Takeaway

Homes in 77017 have sold for 10.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $57.5K$230K
+300.0%
2 $158K$197.9K
+25.3%
3 $182K$200K
+9.9%
4 $225.5K$240K
+6.4%
5+ $328.5K$319.4K
-2.8%

Median Sold Price Compared To Nearby Zip Codes

77587
+21.4%
77017
+10.2%
77061
+7.1%

How many homes are available in 77017, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
4140-2.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 86
-25.0%
3 1917
-10.5%
4 811
+37.5%
5+ 55
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
128-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77017, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
34 Days20 Days-40.8%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77017 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 77017, TX

77017, TX has 40 homes for sale to choose from. The number of homes for sale in 77017, TX decreased by 2.4% between October 2022 and November 2022. While the average time on the market in November 2022 was 20 days, the median list price was $203,900. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 300%, prices of 2 bedrooms properties went up by 25.3%, the cost of 3 bedrooms properties went up by 9.9%, the cost of 4 bedrooms properties went up by 6.4%, 5 bedrooms properties prices decreased by 2.8%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes became 25% less available, the quantity of 3 bedrooms homes went down by 10.5%, 4 bedrooms homes became 37.5% more available, 5 bedrooms homes inventory did not change. 77017, TX housing market in November 2022 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 4 sold below.