Is 77028, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77028 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77028 has remained a Seller's Market.

Key Takeaway

77028 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77028, TX cost?

Median Sold Price

$169,990

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$33,990(+25.0%)

Key Takeaway

Homes in 77028 have sold for 25% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $72K$105K
+45.8%
3 $145K$174K
+20.0%
4 $150K$196.5K
+31.0%
5+ $158K$200K
+26.6%

Median Sold Price Compared To Nearby Zip Codes

77028
+25.0%
77016
+9.8%
77013
+6.8%
77078
+3.4%
77026
+0.8%

How many homes are available in 77028, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
5863+8.6%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 11
0.0%
2 810
+25.0%
3 4144
+7.3%
4 64
-33.3%
5+ 24
+100.0%

Number of Homes Sold

Oct 2021Nov 2021%
514+180.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77028, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
45 Days20 Days-54.6%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77028 are selling fast, if you're buying plan to act quickly.

About 77028, TX

Homes for sale in 77028, TX have reached 63. The number of homes for sale in 77028, TX increased by 8.6% between October 2021 and November 2021. In November 2021 median list price was $169,990 and the average listing age was 20 days. This housing market listing prices have changed between October 2021 and November 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 45.8%, the cost of 3 bedrooms properties went up by 20%, 4 bedrooms properties became 31% more expensive, 5 bedrooms properties prices increased by 26.6%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes became 25% more available, 3 bedrooms homes became 7.3% more available, volume of 4 bedrooms homes went down by 33.3%, volume of 5 bedrooms homes went up by 100%. Over 5 listings were sold over their listed price in November 2021 in 77028, TX. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price.