Is 77036, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77036 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77036 has remained a Seller's Market.

Key Takeaway

77036 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77036, TX cost?

Median Sold Price

$185,000

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$5,000(+2.8%)

Key Takeaway

Homes in 77036 have sold for 2.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $50K$57K
+14.0%
2 $90.7K$89.3K
-1.5%
3 $220K$242.1K
+10.1%
4 $219.8K$270K
+22.8%
5+ $288K$278K
-3.5%

Median Sold Price Compared To Nearby Zip Codes

77072
+14.4%
77074
+8.6%
77036
+2.8%
77063
-0.7%
77042
-10.1%

How many homes are available in 77036, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
9782-15.5%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 1312
-7.7%
2 4034
-15.0%
3 2020
0.0%
4 2113
-38.1%
5+ 33
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
2619-26.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77036, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
46 Days33 Days-29.4%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77036 has remained consistent over time.

About 77036, TX

There are 82 homes are for sale in 77036, TX real estate market. The number of listings in 77036, TX decreased by 15.5% between October 2021 and November 2021. In November 2021, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $185,000. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 14%, the cost of 2 bedrooms properties went down by 1.5%, 3 bedrooms properties became 10.1% more expensive, 4 bedrooms properties became 22.8% more expensive, 5 bedrooms properties prices decreased by 3.5%. Volume of homes for sale changed: 1 bedroom homes became 7.7% less available, number of 2 bedrooms homes decreased by 15%, number of 3 bedrooms homes remained the same, 4 bedrooms homes became 38.1% less available, number of 5 bedrooms homes remained the same. While more than 3 listings in 77036, TX in November 2021 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below.