Is 77041, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77041 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77041 has remained a Seller's Market.

Key Takeaway

77041 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77041, TX cost?

Median Sold Price

$345,666

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$83,916(+32.1%)

Key Takeaway

Homes in 77041 have sold for 32.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 -$90K
N/A
2 $141.5K$165.3K
+16.9%
3 $200K$230K
+15.0%
4 $305K$430K
+41.0%
5+ $544.5K$517K
-5.1%

Median Sold Price Compared To Nearby Zip Codes

77041
+32.1%
77095
+16.7%
77043
+14.2%
77065
+9.7%
77040
+9.4%

How many homes are available in 77041, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
128118-7.8%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 47
+75.0%
3 5453
-1.9%
4 5242
-19.2%
5+ 1816
-11.1%

Number of Homes Sold

Sep 2021Oct 2021%
3837-2.6%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77041, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
40 Days30 Days-23.7%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77041 are selling fast, if you're buying plan to act quickly.

About 77041, TX

77041, TX has 118 homes for sale to choose from. The number of homes for sale in 77041, TX decreased by 7.8% between September 2021 and October 2021. While the average time on the market in October 2021 was 30 days, the median list price was $345,666. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 16.9%, prices of 3 bedrooms properties increased by 15%, the cost of 4 bedrooms properties went up by 41%, 5 bedrooms properties became 5.1% more cheaper. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 75%, 3 bedrooms homes became 1.9% less available, 4 bedrooms homes became 19.2% less available, number of 5 bedrooms homes decreased by 11.1%. Over 14 listings were sold over their listed price in October 2021 in 77041, TX. In the same period over 22 listings were sold below the listed price and 1 listings were sold for the listed price.