Is 77039, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77039 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 77039 has remained a Seller's Market.

Key Takeaway

77039 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77039, TX cost?

Median Sold Price

$191,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$36,750(+23.8%)

Key Takeaway

Homes in 77039 have sold for 23.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$280K
N/A
2 $76K$120K
+57.9%
3 $156K$185K
+18.6%
4 $177.1K$208K
+17.4%
5+ $173K$301K
+74.0%

Median Sold Price Compared To Nearby Zip Codes

77039
+23.8%
77032
+21.1%
77037
+8.0%

How many homes are available in 77039, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
3739+5.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 56
+20.0%
3 2223
+4.5%
4 87
-12.5%
5+ 12
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
990.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77039, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days36 Days+131.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77039 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 77039, TX

There are 39 homes are for sale in 77039, TX real estate market. In October 2022 in 77039, TX there were 5.4% more homes for sale than in September 2022. The median list price of listings available in October 2022 was $191,000, while the average time on the real estate market was 36 days. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 57.9%, 3 bedrooms properties prices increased by 18.6%, 4 bedrooms properties became 17.4% more expensive, 5 bedrooms properties prices increased by 74%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 20%, 3 bedrooms homes inventory increased by 4.5%, 4 bedrooms homes inventory decreased by 12.5%, number of 5 bedrooms homes increased by 100%. In October 2022 more than 1 listings in 77039, TX were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 5 were sold below.