Is 77030, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77030 has remained a Seller's Market.
Housing Prices in 77030, TX
How much do homes in 77030, TX cost?
Median Sold Price
$260,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77030 was $260,000 in March 2024, down 11.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135.9K | $133.5K | -1.8% |
2 Bedrooms | $206.2K | $181K | -12.2% |
3 Bedrooms | $720K | $775K | +7.6% |
4 Bedrooms | $943K | $1.1M | +26.5% |
5+ Bedrooms | $1.6M | $2.4M | +50.1% |
Summary: 77030 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes increased by 50.1%.
Housing Supply in 77030, TX
How many homes are available in 77030, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 60 | +15.4% |
Summary: The 77030 real estate market had 60 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 17 | -5.6% |
2 Bedrooms | 11 | 17 | +54.5% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 77030 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 77030 in March 2024, up by 10.0% month-over-month. Of the 11 sold homes, 91% were sold under asking, 9% were sold at asking, and 0% were sold over asking.
Days on Market for 77030, TX
How long does it take to sell a home in 77030, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 32 Days | -7.9% |
Summary: Homes in 77030 had an average of 32 days on market in Mar 2024, down by 7.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 77030; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.