Is 77058, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77058 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77058 has remained a Seller's Market.

Key Takeaway

77058 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77058, TX cost?

Median Sold Price

$200,000

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$7,000(+3.6%)

Key Takeaway

Homes in 77058 have sold for 3.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $68K$89.6K
+31.8%
2 $119.6K$120.3K
+0.6%
3 $246.4K$268.4K
+8.9%
4 $300.5K$329.9K
+9.8%
5+ $340K$361K
+6.2%

Median Sold Price Compared To Nearby Zip Codes

77062
+13.6%
77573
+12.1%
77598
+8.9%
77059
+4.7%
77058
+3.6%

How many homes are available in 77058, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
7379+8.2%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 78
+14.3%
2 2225
+13.6%
3 2928
-3.4%
4 1315
+15.4%
5+ 23
+50.0%

Number of Homes Sold

Sep 2021Oct 2021%
1722+29.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77058, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
51 Days16 Days-67.5%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77058 are selling fast, if you're buying plan to act quickly.

About 77058, TX

Homes for sale in 77058, TX have reached 79. The inventory of homes for sale in 77058, TX between September 2021 and October 2021 increased by 8.2%. In October 2021 median list price was $200,000 and the average listing age was 16 days. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 31.8%, prices of 2 bedrooms properties went up by 0.6%, 3 bedrooms properties became 8.9% more expensive, 4 bedrooms properties prices increased by 9.8%, the cost of 5 bedrooms properties went up by 6.2%. This housing market inventory have changed: 1 bedroom homes inventory increased by 14.3%, the quantity of 2 bedrooms homes went up by 13.6%, the quantity of 3 bedrooms homes went down by 3.4%, number of 4 bedrooms homes increased by 15.4%, number of 5 bedrooms homes increased by 50%. 77058, TX housing market in October 2021 saw over 4 listings sold above listed price, more than 7 sold at listed price and over 11 sold below.