Is 77060, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 77060 was a Seller's Market.
Housing Prices in 77060, TX
How much do homes in 77060, TX cost?
Median Sold Price
$197,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77060 was $197,000 in April 2024, up 7.9% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | $66K | -8.9% |
2 Bedrooms | $93K | $105K | +12.9% |
3 Bedrooms | $191.5K | $193.5K | +1.0% |
4 Bedrooms | $240K | $212.5K | -11.5% |
5+ Bedrooms | - | $200K | N/A |
Summary: 77060 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes did not change.
Housing Supply in 77060, TX
How many homes are available in 77060, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Summary: The 77060 real estate market had 26 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 16 | 15 | -6.3% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 77060 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 77060 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 77060, TX
How long does it take to sell a home in 77060, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 26 Days | -9.3% |
Summary: Homes in 77060 had an average of 26 days on market in Apr 2024, down by 9.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 77060; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.