Is 77026, 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, 77026 was a Seller's Market.
Housing Prices in 77026, TX
How much do homes in 77026, TX cost?
Median Sold Price
$220,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77026 was $220,000 in March 2024, up 11.1% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $750K | $307.4K | -59.0% |
2 Bedrooms | $149.5K | $145K | -3.0% |
3 Bedrooms | $215.2K | $249.9K | +16.1% |
4 Bedrooms | $225K | $194K | -13.8% |
5+ Bedrooms | $260K | $307.5K | +18.3% |
Summary: 77026 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 18.3%.
Housing Supply in 77026, TX
How many homes are available in 77026, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
126 | 134 | +6.3% |
Summary: The 77026 real estate market had 134 homes for sale in March 2024, a 6.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 33 | 36 | +9.1% |
3 Bedrooms | 77 | 84 | +9.1% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 77026 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 10 | -44.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 77026 in March 2024, down by 44.4% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.
Days on Market for 77026, TX
How long does it take to sell a home in 77026, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 68 Days | +39.0% |
Summary: Homes in 77026 had an average of 68 days on market in Mar 2024, up by 39% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 77026; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.