Is 77032, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77032 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 77032 has remained a Seller's Market.

Key Takeaway

77032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77032, TX cost?

Median Sold Price

$163,500

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$28,500(+21.1%)

Key Takeaway

Homes in 77032 have sold for 21.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$77.5K
N/A
2 $89K$107.5K
+20.8%
3 $138.1K$185K
+33.9%
4 $174K$187.4K
+7.7%
5+ -$500K
N/A

Median Sold Price Compared To Nearby Zip Codes

77039
+23.8%
77032
+21.1%
77338
+16.6%

How many homes are available in 77032, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
2123+9.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 10
-100.0%
2 64
-33.3%
3 711
+57.1%
4 56
+20.0%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77032, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
20 Days20 Days-0.7%

Breakdown of Home Sale Times

3 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 77032 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 77032, TX

There are 23 homes are for sale in 77032, TX real estate market. Between September 2022 and October 2022, 77032, TX real estate market has seen increase in the number of listings by 9.5%. In October 2022 median list price was $163,500 and the average listing age was 20 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 20.8%, prices of 3 bedrooms properties went up by 33.9%, 4 bedrooms properties prices increased by 7.7%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 100%, volume of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes inventory increased by 57.1%, 4 bedrooms homes inventory increased by 20%, 5 bedrooms homes did not move. In October 2022, from all listings sold in 77032, TX there were more than 2 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price.