Is 77044, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 77044 was a Seller's Market.
Housing Prices in 77044, TX
How much do homes in 77044, TX cost?
Median Sold Price
$301,956
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 77044 was $301,956 in February 2024, down 4.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | - | N/A |
2 Bedrooms | $166K | $167.9K | +1.2% |
3 Bedrooms | $253K | $255K | +0.8% |
4 Bedrooms | $355K | $350K | -1.4% |
5+ Bedrooms | $487.9K | $485K | -0.6% |
Summary: 77044 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in 77044, TX
How many homes are available in 77044, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
157 | 190 | +21.0% |
Summary: The 77044 real estate market had 190 homes for sale in February 2024, a 21.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 54 | 64 | +18.5% |
4 Bedrooms | 80 | 95 | +18.8% |
5+ Bedrooms | 20 | 27 | +35.0% |
Summary: The 77044 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 35%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
32 | 23 | -28.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 77044 in February 2024, down by 28.1% month-over-month. Of the 23 sold homes, 61% were sold under asking, 26% were sold at asking, and 13% were sold over asking.
Days on Market for 77044, TX
How long does it take to sell a home in 77044, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
62 Days | 50 Days | -20.0% |
Summary: Homes in 77044 had an average of 50 days on market in Feb 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 23 homes were sold in 77044; 39% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.