Is 77034, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$250,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 77034 was $250,000 in June 2024, up 2% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71.5K | - | N/A |
2 Bedrooms | $112.8K | $105K | -7.0% |
3 Bedrooms | $240K | $238K | -0.8% |
4 Bedrooms | $260K | $275K | +5.8% |
5+ Bedrooms | $257K | $305.5K | +18.9% |
Summary: 77034 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 18.9%.
Housing Supply in 77034, TX
How many homes are available in 77034, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
59 | 69 | +16.9% |
Summary: The 77034 real estate market had 69 homes for sale in June 2024, a 16.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 33 | 43 | +30.3% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 77034 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 30.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 77034 in June 2024, up by 7.7% month-over-month. Of the 14 sold homes, 79% were sold under asking, 7% were sold at asking, and 14% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
67 Days | 46 Days | -31.0% |
Summary: Homes in 77034 had an average of 46 days on market in Jun 2024, down by 31% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 14 homes were sold in 77034; 21% of homes were sold within 30 days, 79% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.