Is 77034, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77034 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77034 was a Seller's Market.

Key Takeaway

77034 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77034, TX cost?

Median Sold Price

$233,500

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$31,500(+15.6%)

Key Takeaway

Homes in 77034 have sold for 15.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $50K$72.5K
+45.0%
2 $86K$109.5K
+27.3%
3 $195.5K$229.5K
+17.4%
4 $220K$252K
+14.5%
5+ $219.5K$283.1K
+29.0%

Median Sold Price Compared To Nearby Zip Codes

77587
+23.9%
77034
+15.6%
77089
+12.4%
77504
+11.1%

How many homes are available in 77034, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
5352-1.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 11
0.0%
3 3130
-3.2%
4 1719
+11.8%
5+ 42
-50.0%

Number of Homes Sold

Sep 2022Oct 2022%
147-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77034, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
19 Days21 Days+7.3%

Breakdown of Home Sale Times

4 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 77034 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 77034, TX

77034, TX has 52 homes for sale to choose from. The number of homes for sale in 77034, TX decreased by 1.9% between September 2022 and October 2022. In October 2022, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $233,500. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties became 45% more expensive, the cost of 2 bedrooms properties went up by 27.3%, prices of 3 bedrooms properties increased by 17.4%, the cost of 4 bedrooms properties went up by 14.5%, 5 bedrooms properties became 29% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 3.2% less available, number of 4 bedrooms homes increased by 11.8%, volume of 5 bedrooms homes went down by 50%. In October 2022 more than 1 listings in 77034, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below.