Is 77026, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77026 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77026 was a Seller's Market.

Key Takeaway

77026 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77026, TX cost?

Median Sold Price

$185,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$29,000(+18.6%)

Key Takeaway

Homes in 77026 have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $110K$512.5K
+365.9%
2 $143.3K$140K
-2.3%
3 $167.5K$231.5K
+38.2%
4 $156.3K$180K
+15.2%
5+ $297.5K$260K
-12.6%

Median Sold Price Compared To Nearby Zip Codes

77028
+25.0%
77026
+18.6%
77020
+16.1%
77009
+6.2%

How many homes are available in 77026, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
8999+11.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 32
-33.3%
2 2121
0.0%
3 4956
+14.3%
4 911
+22.2%
5+ 79
+28.6%

Number of Homes Sold

Sep 2022Oct 2022%
1711-35.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77026, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
18 Days53 Days+188.8%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77026 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 77026, TX

There are 99 homes are for sale in 77026, TX real estate market. In October 2022 in 77026, TX there were 11.2% more homes for sale than in September 2022. In October 2022 median list price was $185,000 and the average listing age was 53 days. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties increased by 365.9%, 2 bedrooms properties became 2.3% more cheaper, 3 bedrooms properties prices increased by 38.2%, prices of 4 bedrooms properties went up by 15.2%, 5 bedrooms properties prices decreased by 12.6%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 33.3%, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went up by 14.3%, volume of 4 bedrooms homes went up by 22.2%, 5 bedrooms homes became 28.6% more available. In October 2022, from all listings sold in 77026, TX there were more than 2 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price.