Is 77049, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, 77049 was a Seller's Market.
Housing Prices in 77049, TX
How much do homes in 77049, TX cost?
Median Sold Price
$254,500
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 77049 was $254,500 in June 2024, down 4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $158.2K | $209.1K | +32.1% |
3 Bedrooms | $243.7K | $241K | -1.1% |
4 Bedrooms | $285.9K | $284.3K | -0.6% |
5+ Bedrooms | $355K | $379.8K | +7.0% |
Summary: 77049 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 7%.
Housing Supply in 77049, TX
How many homes are available in 77049, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
96 | 103 | +7.3% |
Summary: The 77049 real estate market had 103 homes for sale in June 2024, a 7.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 52 | 56 | +7.7% |
4 Bedrooms | 34 | 34 | 0.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 77049 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 77049 in June 2024, the same as the previous month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.
Days on Market for 77049, TX
How long does it take to sell a home in 77049, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
27 Days | 40 Days | +48.0% |
Summary: Homes in 77049 had an average of 40 days on market in Jun 2024, up by 48% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 17 homes were sold in 77049; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.