Is 77020, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77020 is a buyer's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 77020 was a Seller's Market.

Key Takeaway

77020 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77020, TX cost?

Median Sold Price

$289,933

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$33(0.0%)

Key Takeaway

The sold price of homes in 77020 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 -$84.9K
N/A
2 $208K$250K
+20.2%
3 $299.9K$299.9K
0.0%
4 $175.2K$236.9K
+35.2%
5+ $232.8K$219K
-5.9%

Median Sold Price Compared To Nearby Zip Codes

77026
+3.7%
77003
+0.6%
77020
0.0%

How many homes are available in 77020, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
6261-1.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 20
-100.0%
2 610
+66.7%
3 4746
-2.1%
4 43
-25.0%
5+ 32
-33.3%

Number of Homes Sold

Sep 2021Oct 2021%
138-38.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77020, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
54 Days7 Days-85.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77020 are selling fast, if you're buying plan to act quickly.

About 77020, TX

77020, TX has 61 homes on the market. The number of listings in 77020, TX decreased by 1.6% between September 2021 and October 2021. In October 2021, listings were on the market for 7 days. During the same period, the median list price in this real estate market was $289,933. This housing market listing prices have changed between September 2021 and October 2021: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 20.2%, the cost of 3 bedrooms properties have not changed, 4 bedrooms properties prices increased by 35.2%, 5 bedrooms properties prices decreased by 5.9%. This housing market inventory have changed: 1 bedroom homes became 100% less available, 2 bedrooms homes became 66.7% more available, 3 bedrooms homes inventory decreased by 2.1%, 4 bedrooms homes became 25% less available, the quantity of 5 bedrooms homes went down by 33.3%. In October 2021 more than 1 listings in 77020, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 7 were sold below.