Is 77058, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77058 was a Seller's Market.
Housing Prices in 77058, TX
How much do homes in 77058, TX cost?
Median Sold Price
$250,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77058 was $250,000 in March 2024, up 11.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.9K | $109K | +9.1% |
2 Bedrooms | $152.4K | $167K | +9.6% |
3 Bedrooms | $295K | $300K | +1.7% |
4 Bedrooms | $380K | $352K | -7.4% |
5+ Bedrooms | $455K | $434.5K | -4.5% |
Summary: 77058 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 4.5%.
Housing Supply in 77058, TX
How many homes are available in 77058, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 103 | +14.4% |
Summary: The 77058 real estate market had 103 homes for sale in March 2024, a 14.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 16 | +33.3% |
2 Bedrooms | 32 | 34 | +6.3% |
3 Bedrooms | 28 | 34 | +21.4% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 77058 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 11 | -35.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 77058 in March 2024, down by 35.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for 77058, TX
How long does it take to sell a home in 77058, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 43 Days | +1.6% |
Summary: Homes in 77058 had an average of 43 days on market in Mar 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 77058; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.