Is 77039, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 77039 was a Seller's Market.
Housing Prices in 77039, TX
How much do homes in 77039, TX cost?
Median Sold Price
$195,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77039 was $195,000 in April 2024, up 1.5% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $130K | -53.6% |
2 Bedrooms | $105K | $119.3K | +13.7% |
3 Bedrooms | $182.5K | $199.1K | +9.1% |
4 Bedrooms | $205.5K | $230K | +11.9% |
5+ Bedrooms | $225K | $282.7K | +25.7% |
Summary: 77039 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.6%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 25.7%.
Median Sold Price Compared To Nearby Zip Codes
77060 | $182.5K | $197K | +7.9% |
77039 | $192K | $195K | +1.5% |
Housing Supply in 77039, TX
How many homes are available in 77039, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 71 | +36.5% |
Summary: The 77039 real estate market had 71 homes for sale in April 2024, a 36.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 33 | 44 | +33.3% |
4 Bedrooms | 7 | 13 | +85.7% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 77039 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 77039 in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 77039, TX
How long does it take to sell a home in 77039, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 30 Days | -32.3% |
Summary: Homes in 77039 had an average of 30 days on market in Apr 2024, down by 32.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 77039; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.