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 October 2021

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

$210,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$25,000(+13.5%)

Key Takeaway

Homes in 77036 have sold for 13.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $57K$66.3K
+16.4%
2 $85K$115K
+35.3%
3 $240K$253.5K
+5.6%
4 $270K$295K
+9.3%
5+ $280K$330K
+17.9%

Median Sold Price Compared To Nearby Zip Codes

77072
+14.1%
77036
+13.5%
77063
+12.8%
77074
+12.0%
77042
-7.6%

How many homes are available in 77036, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
7984+6.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 811
+37.5%
2 2732
+18.5%
3 2422
-8.3%
4 1918
-5.3%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
2220-9.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 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. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
21 Days21 Days+1.2%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77036 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 77036, TX

Homes for sale in 77036, TX have reached 84. In October 2022 in 77036, TX there were 6.3% more homes for sale than in September 2022. While the average time on the market in October 2022 was 21 days, the median list price was $210,000. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went up by 16.4%, prices of 2 bedrooms properties went up by 35.3%, prices of 3 bedrooms properties went up by 5.6%, prices of 4 bedrooms properties increased by 9.3%, prices of 5 bedrooms properties increased by 17.9%. This housing market inventory have changed: 1 bedroom homes inventory increased by 37.5%, volume of 2 bedrooms homes went up by 18.5%, 3 bedrooms homes inventory decreased by 8.3%, 4 bedrooms homes inventory decreased by 5.3%, 5 bedrooms homes did not move. Over 4 listings were sold over their listed price in October 2022 in 77036, TX. In the same period over 10 listings were sold below the listed price and 6 listings were sold for the listed price.