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 April 2023

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.

Housing Prices in 77064, TX

How much do homes in 77064, TX cost?

Median Sold Price

$270,000

$144/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in 77064 has remained the same since last year.

Summary: The median home sold price in 77064 was $270,000 in April 2024, the same as last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$160K
N/A
2 $200K$220K
+10.0%
3 $255K$252.9K
-0.8%
4 $310K$315K
+1.6%
5+ $437.5K$383K
-12.5%

Summary: 77064 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 12.5%.

Median Sold Price Compared To Nearby Zip Codes

77040
+2.5%
77086
+1.8%
77065
+1.7%
77070
+1.7%
77064
0.0%

Housing Supply in 77064, TX

How many homes are available in 77064, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
96104+8.3%

Summary: The 77064 real estate market had 104 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 4550
+11.1%
4 4548
+6.7%
5+ 32
-33.3%

Summary: The 77064 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 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2832+14.3%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 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. 56.3% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 77064 in April 2024, up by 14.3% month-over-month. Of the 32 sold homes, 56% were sold under asking, 28% were sold at asking, and 16% were sold over asking.

Days on Market for 77064, TX

How long does it take to sell a home in 77064, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days34 Days-1.1%

Summary: Homes in 77064 had an average of 34 days on market in Apr 2024, down by 1.1% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 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.

Summary: During April 2024, 32 homes were sold in 77064; 69% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

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

Report Updated 10 Days Ago

Newest Listings in 77064, TX

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