Is 77029, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77029 is a neutral's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77029 was a Seller's Market.

Key Takeaway

77029 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77029, TX cost?

Median Sold Price

$194,990

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$35,000(+21.9%)

Key Takeaway

Homes in 77029 have sold for 21.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$35K
N/A
2 $102.2K$100.5K
-1.7%
3 $160K$195K
+21.9%
4 $163.7K$200K
+22.1%
5+ $243K-
N/A

Median Sold Price Compared To Nearby Zip Codes

77547
+34.5%
77029
+21.9%
77020
+16.3%

How many homes are available in 77029, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
4549+8.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 66
0.0%
3 3234
+6.3%
4 56
+20.0%
5+ 12
+100.0%

Number of Homes Sold

Oct 2022Nov 2022%
78+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77029, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
19 Days39 Days+106.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77029 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 77029, TX

77029, TX has 49 homes for sale to choose from. The number of homes for sale in 77029, TX increased by 8.9% between October 2022 and November 2022. In November 2022, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $194,990. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 1.7%, prices of 3 bedrooms properties increased by 21.9%, prices of 4 bedrooms properties went up by 22.1%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes went up by 6.3%, number of 4 bedrooms homes increased by 20%, volume of 5 bedrooms homes went up by 100%. 77029, TX housing market in November 2022 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 5 sold below.