Is 77064, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77064 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 77064 has remained a Seller's Market.

Key Takeaway

77064 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77064, TX cost?

Median Sold Price

$265,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$34,372(+14.9%)

Key Takeaway

Homes in 77064 have sold for 14.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $157.7K$194.5K
+23.3%
3 $210K$247K
+17.6%
4 $268K$310K
+15.7%
5+ $349.9K$408K
+16.6%

Median Sold Price Compared To Nearby Zip Codes

77086
+21.6%
77065
+17.5%
77040
+16.5%
77070
+15.6%
77064
+14.9%

How many homes are available in 77064, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
9790-7.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 30
-100.0%
3 5050
0.0%
4 3635
-2.8%
5+ 85
-37.5%

Number of Homes Sold

Sep 2022Oct 2022%
3132+3.2%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77064, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days29 Days+83.2%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77064 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 77064, TX

Number of homes for sale in 77064, TX real estate market have reached 90. In October 2022 in 77064, TX there were 7.2% less homes for sale than in September 2022. The median list price of listings available in October 2022 was $265,000, while the average time on the real estate market was 29 days. Real estate listing prices changed between September 2022 and October 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 23.3%, 3 bedrooms properties became 17.6% more expensive, 4 bedrooms properties prices increased by 15.7%, 5 bedrooms properties became 16.6% more expensive. This housing market inventory have changed: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 100%, number of 3 bedrooms homes remained the same, volume of 4 bedrooms homes went down by 2.8%, the quantity of 5 bedrooms homes went down by 37.5%. In October 2022 more than 7 listings in 77064, TX were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 19 were sold below.