Is 77053, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77053 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77053 has remained a Seller's Market.

Key Takeaway

77053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77053, TX cost?

Median Sold Price

$174,175

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$19,175(+12.4%)

Key Takeaway

Homes in 77053 have sold for 12.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $126.7K$135.7K
+7.1%
3 $155K$172K
+11.0%
4 $165K$207K
+25.5%
5+ $137.5K-
N/A

Median Sold Price Compared To Nearby Zip Codes

77085
+20.1%
77489
+16.9%
77545
+14.0%
77053
+12.4%
77045
+7.5%

How many homes are available in 77053, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
4137-9.8%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 42
-50.0%
3 2121
0.0%
4 1614
-12.5%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
1113+18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77053, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
8 Days27 Days+227.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77053 are selling fast, if you're buying plan to act quickly.

About 77053, TX

Homes for sale in 77053, TX have reached 37. The number of homes for sale in 77053, TX decreased by 9.8% between October 2021 and November 2021. Listings spent 27 days on the market in November 2021, and had a median list price of $174,175 during the same period. This housing market listing prices have changed between October 2021 and November 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 7.1%, 3 bedrooms properties became 11% more expensive, prices of 4 bedrooms properties increased by 25.5%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 50%, volume of 3 bedrooms homes stayed the same, volume of 4 bedrooms homes went down by 12.5%, 5 bedrooms homes inventory did not change. While more than 4 listings in 77053, TX in November 2021 were sold above asking price, there were more than 4 listings sold at asking price, and more than 5 were sold below.