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 2021

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

$250,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$35,000(+16.3%)

Key Takeaway

Homes in 77049 have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $110.2K$160K
+45.1%
3 $195K$230K
+17.9%
4 $230K$270K
+17.4%
5+ $260K$321K
+23.5%

Median Sold Price Compared To Nearby Zip Codes

77562
+21.7%
77530
+16.5%
77049
+16.3%
77015
+16.2%
77044
+10.7%

How many homes are available in 77049, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
7178+9.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 43
-25.0%
3 3036
+20.0%
4 2525
0.0%
5+ 1214
+16.7%

Number of Homes Sold

Sep 2022Oct 2022%
1516+6.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77049, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
12 Days26 Days+108.2%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 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.

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

About 77049, TX

77049, TX has 78 homes on the market. The number of homes for sale in 77049, TX increased by 9.9% between September 2022 and October 2022. In October 2022, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $250,000. Between September 2022 and October 2022, 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 45.1% more expensive, prices of 3 bedrooms properties went up by 17.9%, 4 bedrooms properties became 17.4% more expensive, prices of 5 bedrooms properties went up by 23.5%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory decreased by 25%, volume of 3 bedrooms homes went up by 20%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes increased by 16.7%. 77049, TX housing market in October 2022 saw over 2 listings sold above listed price, more than 7 sold at listed price and over 7 sold below.