Is 77065, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 77065 has remained a Seller's Market.
Housing Prices in 77065, TX
How much do homes in 77065, TX cost?
Median Sold Price
$300,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 77065 was $300,000 in February 2024, up 4.2% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $216.7K | $239.5K | +10.5% |
3 Bedrooms | $270K | $271.2K | 0.5% |
4 Bedrooms | $331.5K | $350K | +5.6% |
5+ Bedrooms | $522K | $415K | -20.5% |
Summary: 77065 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 20.5%.
Housing Supply in 77065, TX
How many homes are available in 77065, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
73 | 80 | +9.6% |
Summary: The 77065 real estate market had 80 homes for sale in February 2024, a 9.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 35 | 38 | +8.6% |
4 Bedrooms | 35 | 37 | +5.7% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 77065 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 77065 in February 2024, up by 33.3% month-over-month. Of the 24 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for 77065, TX
How long does it take to sell a home in 77065, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
41 Days | 55 Days | +32.1% |
Summary: Homes in 77065 had an average of 55 days on market in Feb 2024, up by 32.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 24 homes were sold in 77065; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.