Is 77043, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77043 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77043 has remained a Seller's Market.

Key Takeaway

77043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77043, TX cost?

Median Sold Price

$377,666

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$44,961(+13.5%)

Key Takeaway

Homes in 77043 have sold for 13.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $72K$97.5K
+35.4%
2 $245K$149.9K
-38.8%
3 $322.5K$362.5K
+12.4%
4 $360K$409K
+13.6%
5+ $410K$440K
+7.3%

Median Sold Price Compared To Nearby Zip Codes

77043
+13.5%
77080
+10.7%
77055
+9.3%
77079
+4.8%
77024
-3.6%

How many homes are available in 77043, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
136132-2.9%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 21
-50.0%
2 68
+33.3%
3 8078
-2.5%
4 4741
-12.8%
5+ 14
+300.0%

Number of Homes Sold

Oct 2021Nov 2021%
3530-14.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77043, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
59 Days57 Days-2.1%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77043 are selling fast, if you're buying plan to act quickly.

About 77043, TX

Number of homes for sale in 77043, TX real estate market have reached 132. Between October 2021 and November 2021, 77043, TX real estate market has seen decrease in the number of listings by 2.9%. In November 2021, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $377,666. Listing prices have changed in this real estate market between October 2021 and November 2021: 1 bedroom properties prices increased by 35.4%, prices of 2 bedrooms properties went down by 38.8%, the cost of 3 bedrooms properties went up by 12.4%, prices of 4 bedrooms properties went up by 13.6%, prices of 5 bedrooms properties went up by 7.3%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 50%, the quantity of 2 bedrooms homes went up by 33.3%, 3 bedrooms homes inventory decreased by 2.5%, the quantity of 4 bedrooms homes went down by 12.8%, 5 bedrooms homes inventory increased by 300%. In November 2021 more than 3 listings in 77043, TX were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 16 were sold below.