Is 77063, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77063 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 77063 has remained a Seller's Market.

Key Takeaway

77063 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77063, TX cost?

Median Sold Price

$267,900

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$44,400(+19.9%)

Key Takeaway

Homes in 77063 have sold for 19.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $116.7K$124.5K
+6.6%
2 $149.9K$180K
+20.0%
3 $333K$380K
+14.1%
4 $452.5K$565K
+24.9%
5+ $1.2M$1.3M
+0.8%

Median Sold Price Compared To Nearby Zip Codes

77063
+19.9%
77036
+17.7%
77024
+16.5%
77057
+2.8%
77042
-0.6%

How many homes are available in 77063, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
10999-9.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 97
-22.2%
2 3030
0.0%
3 4136
-12.2%
4 2221
-4.5%
5+ 75
-28.6%

Number of Homes Sold

Oct 2022Nov 2022%
2621-19.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77063, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
29 Days41 Days+41.9%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77063 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 77063, TX

77063, TX has 99 homes on the market. Between October 2022 and November 2022, 77063, TX real estate market has seen decrease in the number of listings by 9.2%. In November 2022, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $267,900. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 6.6%, the cost of 2 bedrooms properties went up by 20%, 3 bedrooms properties became 14.1% more expensive, the cost of 4 bedrooms properties went up by 24.9%, 5 bedrooms properties became 0.8% more expensive. This housing market inventory have changed: number of 1 bedroom homes decreased by 22.2%, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory decreased by 12.2%, 4 bedrooms homes became 4.5% less available, 5 bedrooms homes inventory decreased by 28.6%. Over 2 listings were sold over their listed price in November 2022 in 77063, TX. In the same period over 15 listings were sold below the listed price and 4 listings were sold for the listed price.