Is 77037, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77037 is a seller's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 77037 was a Neutral Market.

Key Takeaway

77037 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77037, TX cost?

Median Sold Price

$185,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$31,000(+20.1%)

Key Takeaway

Homes in 77037 have sold for 20.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 -$217K
N/A
3 $144K$182.5K
+26.7%
4 $167K$185K
+10.8%
5+ $255K$177.5K
-30.4%

Median Sold Price Compared To Nearby Zip Codes

77037
+20.1%
77038
+18.3%
77088
+17.6%
77076
+10.6%

How many homes are available in 77037, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
2021+5.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 01
+100.0%
2 01
+100.0%
3 118
-27.3%
4 43
-25.0%
5+ 58
+60.0%

Number of Homes Sold

Oct 2021Nov 2021%
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77037, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
8 Days7 Days-9.4%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77037 are selling fast, if you're buying plan to act quickly.

About 77037, TX

Number of homes for sale in 77037, TX real estate market have reached 21. The number of homes for sale in 77037, TX increased by 5% between October 2021 and November 2021. While the average time on the market in November 2021 was 7 days, the median list price was $185,000. Between October 2021 and November 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties became 26.7% more expensive, prices of 4 bedrooms properties went up by 10.8%, the cost of 5 bedrooms properties went down by 30.4%. Volume of homes for sale changed: 1 bedroom homes inventory increased by 100%, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went down by 27.3%, volume of 4 bedrooms homes went down by 25%, number of 5 bedrooms homes increased by 60%. In November 2021, from all listings sold in 77037, TX there were more than 3 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.