Is 77038, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77038 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77038 has remained a Seller's Market.

Key Takeaway

77038 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77038, TX cost?

Median Sold Price

$205,926

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$31,926(+18.3%)

Key Takeaway

Homes in 77038 have sold for 18.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $107K$62K
-42.1%
3 $170K$195K
+14.7%
4 $193.9K$242.6K
+25.1%
5+ $175K$232.5K
+32.9%

Median Sold Price Compared To Nearby Zip Codes

77037
+19.4%
77088
+18.8%
77038
+18.3%
77067
+18.0%

How many homes are available in 77038, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
3228-12.5%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 10
-100.0%
3 2018
-10.0%
4 109
-10.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
177-58.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77038, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
25 Days16 Days-36.5%

Breakdown of Home Sale Times

7 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 77038 are selling fast, if you're buying plan to act quickly.

About 77038, TX

Homes for sale in 77038, TX have reached 28. The number of homes for sale in 77038, TX decreased by 12.5% between September 2021 and October 2021. In October 2021 median list price was $205,926 and the average listing age was 16 days. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 42.1% more cheaper, 3 bedrooms properties became 14.7% more expensive, the cost of 4 bedrooms properties went up by 25.1%, 5 bedrooms properties became 32.9% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 100%, number of 3 bedrooms homes decreased by 10%, 4 bedrooms homes inventory decreased by 10%, volume of 5 bedrooms homes stayed the same. While more than 1 listings in 77038, TX in October 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below.