Is 77018, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77018 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77018 has remained a Seller's Market.

Key Takeaway

77018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77018, TX cost?

Median Sold Price

$447,520

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$27,520(+6.6%)

Key Takeaway

Homes in 77018 have sold for 6.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $585K-
N/A
2 $350K$362K
+3.4%
3 $379.9K$405.1K
+6.6%
4 $780K$877.4K
+12.5%
5+ $995K$1.0M
+3.7%

Median Sold Price Compared To Nearby Zip Codes

77022
+41.6%
77092
+15.3%
77008
+8.4%
77018
+6.6%
77091
-0.6%

How many homes are available in 77018, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
271259-4.4%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 10
-100.0%
2 3024
-20.0%
3 158152
-3.8%
4 6667
+1.5%
5+ 1616
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
5950-15.3%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77018, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
39 Days28 Days-28.5%

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77018 are selling fast, if you're buying plan to act quickly.

About 77018, TX

77018, TX has 259 homes for sale to choose from. In October 2021 in 77018, TX there were 4.4% less homes for sale than in September 2021. In October 2021 median list price was $447,520 and the average listing age was 28 days. From September 2021 through October 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 3.4%, prices of 3 bedrooms properties increased by 6.6%, the cost of 4 bedrooms properties went up by 12.5%, 5 bedrooms properties prices increased by 3.7%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% less available, 2 bedrooms homes inventory decreased by 20%, 3 bedrooms homes became 3.8% less available, 4 bedrooms homes became 1.5% more available, volume of 5 bedrooms homes stayed the same. 77018, TX housing market in October 2021 saw over 13 listings sold above listed price, more than 11 sold at listed price and over 26 sold below.