Is 77025, 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, 77025 was a Seller's Market.
Housing Prices in 77025, TX
How much do homes in 77025, TX cost?
Median Sold Price
$515,250
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77025 was $515,250 in March 2024, up 17.6% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94.5K | $99K | +4.8% |
2 Bedrooms | $236K | $264.5K | +12.1% |
3 Bedrooms | $400K | $425K | +6.3% |
4 Bedrooms | $1.0M | $953.5K | -9.2% |
5+ Bedrooms | $1.2M | $1.4M | +9.9% |
Summary: 77025 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 9.9%.
Housing Supply in 77025, TX
How many homes are available in 77025, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
101 | 141 | +39.6% |
Summary: The 77025 real estate market had 141 homes for sale in March 2024, a 39.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 5 | 14 | +180.0% |
3 Bedrooms | 50 | 64 | +28.0% |
4 Bedrooms | 31 | 38 | +22.6% |
5+ Bedrooms | 12 | 19 | +58.3% |
Summary: The 77025 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 180%, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 58.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 77025 in March 2024, up by 42.9% month-over-month. Of the 20 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 77025, TX
How long does it take to sell a home in 77025, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 35 Days | -25.5% |
Summary: Homes in 77025 had an average of 35 days on market in Mar 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 77025; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.