Is 77017, 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, 77017 was a Seller's Market.
Housing Prices in 77017, TX
How much do homes in 77017, TX cost?
Median Sold Price
$202,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77017 was $202,000 in March 2024, down 1.5% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146.5K | $62K | -57.7% |
2 Bedrooms | $197.9K | $190K | -4.0% |
3 Bedrooms | $205.5K | $201K | -2.2% |
4 Bedrooms | $245K | $236.9K | -3.3% |
5+ Bedrooms | $291.9K | $264.5K | -9.4% |
Summary: 77017 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.7%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 9.4%.
Housing Supply in 77017, TX
How many homes are available in 77017, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 47 | +27.0% |
Summary: The 77017 real estate market had 47 homes for sale in March 2024, a 27.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 19 | 26 | +36.8% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 77017 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 36.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 77017 in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for 77017, TX
How long does it take to sell a home in 77017, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 38 Days | -58.5% |
Summary: Homes in 77017 had an average of 38 days on market in Mar 2024, down by 58.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 77017; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.