Is 77020, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
| # BEDS | Oct 2020 | Oct 2021 | % |
|---|---|---|---|
| 1 Bedroom | - | $84.9K | N/A |
| 2 Bedrooms | $208K | $250K | +20.2%  |
| 3 Bedrooms | $299.9K | $299.9K | 0.0% |
| 4 Bedrooms | $175.2K | $236.9K | +35.2% |
| 5+ Bedrooms | $232.8K | $219K | -5.9%  |
How many homes are available in 77020, TX?
Number of Homes For Sale
| Sep 2021 | Oct 2021 | % |
|---|---|---|
| 62 | 61 | -1.6% |
Homes For Sale By Bedroom Count
| # BEDS | Sep 2021 | Oct 2021 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 6 | 10 | +66.7%  |
| 3 Bedrooms | 47 | 46 | -2.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Number of Homes Sold
| Sep 2021 | Oct 2021 | % |
|---|---|---|
| 13 | 8 | -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
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 2020 | Oct 2021 | % |
|---|---|---|
| 54 Days | 7 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
Key Takeaway
Many homes in 77020 are selling fast, if you're buying plan to act quickly.
Disclaimer: Certain information contained herein is derived from information which is the property of, and copyrighted by, Houston Realtors Information Service, Inc. The listing information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Copyright© 2021 Houston Realtors Information Service, Inc. All rights reserved.