Is 77034, 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, 77034 has remained a Seller's Market.
Housing Prices in 77034, TX
How much do homes in 77034, TX cost?
Median Sold Price
$255,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77034 was $255,000 in March 2024, up 6.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $73K | +4.3% |
2 Bedrooms | $120.7K | $105K | -13.0% |
3 Bedrooms | $240K | $244K | +1.7% |
4 Bedrooms | $248K | $276.5K | +11.5% |
5+ Bedrooms | $270.1K | $241.2K | -10.7% |
Summary: 77034 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 10.7%.
Housing Supply in 77034, TX
How many homes are available in 77034, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 78 | +9.9% |
Summary: The 77034 real estate market had 78 homes for sale in March 2024, a 9.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 35 | 47 | +34.3% |
4 Bedrooms | 28 | 25 | -10.7% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 77034 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 34.3%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 77034 in March 2024, up by 12.5% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.
Days on Market for 77034, TX
How long does it take to sell a home in 77034, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 35 Days | +16.2% |
Summary: Homes in 77034 had an average of 35 days on market in Mar 2024, up by 16.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 77034; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.