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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77029 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77029 has remained a Seller's Market.

Key Takeaway

77029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77029, TX cost?

Median Sold Price

$159,245

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$24,246(+18.0%)

Key Takeaway

Homes in 77029 have sold for 18% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $77.1K$99.5K
+29.0%
3 $135K$159.2K
+18.0%
4 $145K$182.5K
+25.9%
5+ $161K$243K
+50.9%

Median Sold Price Compared To Nearby Zip Codes

77029
+18.0%
77020
0.0%
77547
-3.8%

How many homes are available in 77029, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
3528-20.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 11
0.0%
2 42
-50.0%
3 2520
-20.0%
4 43
-25.0%
5+ 12
+100.0%

Number of Homes Sold

Sep 2021Oct 2021%
126-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
66 Days40 Days-38.8%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 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.

About 77029, TX

77029, TX has 28 homes for sale to choose from. The inventory of homes for sale in 77029, TX between September 2021 and October 2021 decreased by 20%. In October 2021 median list price was $159,245 and the average listing age was 40 days. Listing prices have changed in this real estate market between September 2021 and October 2021: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 29% more expensive, the cost of 3 bedrooms properties went up by 18%, prices of 4 bedrooms properties went up by 25.9%, 5 bedrooms properties prices increased by 50.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 50%, number of 3 bedrooms homes decreased by 20%, volume of 4 bedrooms homes went down by 25%, volume of 5 bedrooms homes went up by 100%. In October 2021 more than 2 listings in 77029, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below.