Is 77065, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77065 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 77065 has remained a Seller's Market.

Key Takeaway

77065 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77065, TX

How much do homes in 77065, TX cost?

Median Sold Price

$300,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,895(+1.7%)

Key Takeaway

Homes in 77065 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 77065 was $300,000 in April 2024, up 1.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $218.5K$260K
+19.0%
3 $269.9K$275K
+1.9%
4 $335K$349.9K
+4.5%
5+ $520K$402.5K
-22.6%

Summary: 77065 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 19%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 22.6%.

Median Sold Price Compared To Nearby Zip Codes

77041
+9.9%
77065
+1.7%
77070
+1.7%
77064
0.0%
77095
-0.8%

Housing Supply in 77065, TX

How many homes are available in 77065, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5964+8.5%

Summary: The 77065 real estate market had 64 homes for sale in April 2024, a 8.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 2836
+28.6%
4 2722
-18.5%
5+ 44
0.0%

Summary: The 77065 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 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2213-40.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77065, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 77065 in April 2024, down by 40.9% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% 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

Apr 2023Apr 2024CHANGE
68 Days15 Days-77.5%

Summary: Homes in 77065 had an average of 15 days on market in Apr 2024, down by 77.5% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77065 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 13 homes were sold in 77065; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in 77065, TX

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