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 October 2020

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

$225,250

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

-$1,750(-0.8%)

Key Takeaway

Homes in 77063 have sold for 0.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $86K$105K
+22.1%
2 $148K$148.9K
+0.6%
3 $307.2K$323.2K
+5.2%
4 $455K$470K
+3.3%
5+ $540K$1.0M
+100.0%

Median Sold Price Compared To Nearby Zip Codes

77036
+8.8%
77057
+3.9%
77042
+1.9%
77063
-0.8%
77024
-3.0%

How many homes are available in 77063, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
160157-1.9%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 1314
+7.7%
2 5749
-14.0%
3 5462
+14.8%
4 2825
-10.7%
5+ 87
-12.5%

Number of Homes Sold

Sep 2021Oct 2021%
3632-11.1%

Asking Price vs. Sold Price

26 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. 81.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
35 Days60 Days+71.3%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77063 has remained consistent over time.

About 77063, TX

Homes for sale in 77063, TX have reached 157. In October 2021 in 77063, TX there were 1.9% less homes for sale than in September 2021. While the average time on the market in October 2021 was 60 days, the median list price was $225,250. From September 2021 through October 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 22.1%, 2 bedrooms properties prices increased by 0.6%, the cost of 3 bedrooms properties went up by 5.2%, prices of 4 bedrooms properties increased by 3.3%, prices of 5 bedrooms properties went up by 100%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went up by 7.7%, the quantity of 2 bedrooms homes went down by 14%, volume of 3 bedrooms homes went up by 14.8%, number of 4 bedrooms homes decreased by 10.7%, 5 bedrooms homes became 12.5% less available. In October 2021, from all listings sold in 77063, TX there were more than 2 sold above asking price, over 26 sold below and more than 4 were sold right at the asked price.