Is 77049, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77049 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77049 has remained a Seller's Market.

Key Takeaway

77049 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77049, TX cost?

Median Sold Price

$215,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$24,062(+12.6%)

Key Takeaway

Homes in 77049 have sold for 12.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $140K$102.5K
-26.8%
3 $179.9K$195K
+8.4%
4 $213.7K$230K
+7.6%
5+ $227K$260K
+14.5%

Median Sold Price Compared To Nearby Zip Codes

77530
+15.4%
77044
+13.7%
77562
+12.7%
77049
+12.6%
77015
+12.1%

How many homes are available in 77049, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
6963-8.7%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 66
0.0%
3 3727
-27.0%
4 1922
+15.8%
5+ 78
+14.3%

Number of Homes Sold

Sep 2021Oct 2021%
2018-10.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77049, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
24 Days11 Days-54.5%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77049 are selling fast, if you're buying plan to act quickly.

About 77049, TX

77049, TX has 63 homes for sale to choose from. The number of homes for sale in 77049, TX decreased by 8.7% between September 2021 and October 2021. While the average time on the market in October 2021 was 11 days, the median list price was $215,000. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 26.8% more cheaper, 3 bedrooms properties prices increased by 8.4%, the cost of 4 bedrooms properties went up by 7.6%, 5 bedrooms properties prices increased by 14.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went down by 27%, number of 4 bedrooms homes increased by 15.8%, 5 bedrooms homes became 14.3% more available. Over 7 listings were sold over their listed price in October 2021 in 77049, TX. In the same period over 5 listings were sold below the listed price and 6 listings were sold for the listed price.