Is 77054, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77054 is a neutral's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 77054 was a Seller's Market.

Key Takeaway

77054 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77054, TX cost?

Median Sold Price

$154,500

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

-$7,129(-4.4%)

Key Takeaway

Homes in 77054 have sold for 4.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $115K$100K
-13.0%
2 $142.5K$151.1K
+6.1%
3 $300K$300K
0.0%
4 $259.9K$320K
+23.1%
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

77021
+25.1%
77051
+7.6%
77025
-3.5%
77054
-4.4%
77030
-24.7%

How many homes are available in 77054, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
10090-10.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 2525
0.0%
2 5746
-19.3%
3 1517
+13.3%
4 32
-33.3%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
2515-40.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77054, you may be able to get a good deal. 93.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
41 Days30 Days-25.5%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77054 are selling fast, if you're buying plan to act quickly.

About 77054, TX

There are 90 homes are for sale in 77054, TX real estate market. Between October 2021 and November 2021, 77054, TX real estate market has seen decrease in the number of listings by 10%. The median list price of listings available in November 2021 was $154,500, while the average time on the real estate market was 30 days. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 13% more cheaper, the cost of 2 bedrooms properties went up by 6.1%, 3 bedrooms properties prices did not change, 4 bedrooms properties became 23.1% more expensive, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 19.3%, the quantity of 3 bedrooms homes went up by 13.3%, number of 4 bedrooms homes decreased by 33.3%, 5 bedrooms homes inventory did not change. While more than 0 listings in 77054, TX in November 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 14 were sold below.