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 2021

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

$322,733

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$21,366(-6.2%)

Key Takeaway

Homes in 77041 have sold for 6.2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $90K-
N/A
2 $165.3K$179K
+8.2%
3 $230K$258.5K
+12.4%
4 $429K$400.9K
-6.5%
5+ $507K$570K
+12.4%

Median Sold Price Compared To Nearby Zip Codes

77065
+17.5%
77095
+17.4%
77040
+16.5%
77043
+4.4%
77041
-6.2%

How many homes are available in 77041, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
116133+14.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 77
0.0%
3 4452
+18.2%
4 4652
+13.0%
5+ 1821
+16.7%

Number of Homes Sold

Sep 2022Oct 2022%
2032+60.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77041, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
30 Days25 Days-14.6%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 77041, TX

Homes for sale in 77041, TX have reached 133. The number of listings in 77041, TX increased by 14.7% between September 2022 and October 2022. While the average time on the market in October 2022 was 25 days, the median list price was $322,733. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 8.2%, 3 bedrooms properties became 12.4% more expensive, the cost of 4 bedrooms properties went down by 6.5%, 5 bedrooms properties prices increased by 12.4%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, volume of 3 bedrooms homes went up by 18.2%, volume of 4 bedrooms homes went up by 13%, 5 bedrooms homes became 16.7% more available. In October 2022, from all listings sold in 77041, TX there were more than 9 sold above asking price, over 11 sold below and more than 12 were sold right at the asked price.