Is 77067, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77067 has remained a Seller's Market.
Key Takeaway
77067 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77067, TX
How much do homes in 77067, TX cost?
Median Sold Price
$235,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 77067 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 77067 was $235,000 in March 2024, up 4% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $172.5K | -11.5% |
| 3 Bedrooms | $220K | $230K | +4.5% |
| 4 Bedrooms | $253K | $250K | -1.2% |
| 5+ Bedrooms | $300K | $280K | -6.7% |
Summary: 77067 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in 77067, TX
How many homes are available in 77067, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 36 | -20.0% |
Summary: The 77067 real estate market had 36 homes for sale in March 2024, a 20.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 28 | 25 | -10.7% |
| 4 Bedrooms | 12 | 7 | -41.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 77067 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 77067, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 77067 in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for 77067, TX
How long does it take to sell a home in 77067, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 35 Days | -47.3% |
Summary: Homes in 77067 had an average of 35 days on market in Mar 2024, down by 47.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 77067 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 77067; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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