Is 77066, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77066 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 77066 has remained a Seller's Market.

Key Takeaway

77066 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77066, TX cost?

Median Sold Price

$256,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$41,016(+19.1%)

Key Takeaway

Homes in 77066 have sold for 19.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $130K$134K
+3.1%
3 $195K$240K
+23.1%
4 $227.5K$278.8K
+22.5%
5+ $271.2K$320K
+18.0%

Median Sold Price Compared To Nearby Zip Codes

77086
+21.6%
77066
+19.1%
77014
+16.2%
77068
+14.4%
77069
+12.8%

How many homes are available in 77066, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
8883-5.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 12
+100.0%
3 3635
-2.8%
4 3834
-10.5%
5+ 1312
-7.7%

Number of Homes Sold

Sep 2022Oct 2022%
2320-13.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77066, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
12 Days36 Days+190.5%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77066 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 77066, TX

77066, TX has 83 homes on the market. The number of listings in 77066, TX decreased by 5.7% between September 2022 and October 2022. In October 2022 median list price was $256,000 and the average listing age was 36 days. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 3.1%, 3 bedrooms properties became 23.1% more expensive, prices of 4 bedrooms properties increased by 22.5%, prices of 5 bedrooms properties went up by 18%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went down by 2.8%, 4 bedrooms homes inventory decreased by 10.5%, 5 bedrooms homes inventory decreased by 7.7%. In October 2022 more than 2 listings in 77066, TX were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 15 were sold below.