Is 77063, 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, 77063 was a Seller's Market.
Housing Prices in 77063, TX
How much do homes in 77063, TX cost?
Median Sold Price
$281,266
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77063 was $281,266 in March 2024, up 3.4% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $116K | -8.7% |
2 Bedrooms | $186.5K | $179.5K | -3.8% |
3 Bedrooms | $390.7K | $363.5K | -7.0% |
4 Bedrooms | $551K | $662.5K | +20.2% |
5+ Bedrooms | $1.0M | $687.5K | -36.0% |
Summary: 77063 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes decreased by 36%.
Housing Supply in 77063, TX
How many homes are available in 77063, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
115 | 137 | +19.1% |
Summary: The 77063 real estate market had 137 homes for sale in March 2024, a 19.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 25 | +47.1% |
2 Bedrooms | 45 | 54 | +20.0% |
3 Bedrooms | 36 | 39 | +8.3% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 77063 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 47.1%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 19 | -20.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 77063 in March 2024, down by 20.8% month-over-month. Of the 19 sold homes, 79% were sold under asking, 0% were sold at asking, and 21% were sold over asking.
Days on Market for 77063, TX
How long does it take to sell a home in 77063, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 41 Days | -10.6% |
Summary: Homes in 77063 had an average of 41 days on market in Mar 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 77063; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.