Is 77069, 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, 77069 has remained a Seller's Market.
Housing Prices in 77069, TX
How much do homes in 77069, TX cost?
Median Sold Price
$322,950
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77069 was $322,950 in March 2024, down 3.6% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118K | $135K | +14.4% |
2 Bedrooms | $160K | $175K | +9.4% |
3 Bedrooms | $300K | $297.5K | -0.8% |
4 Bedrooms | $404.9K | $390K | -3.7% |
5+ Bedrooms | $483.3K | $534K | +10.5% |
Summary: 77069 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 10.5%.
Housing Supply in 77069, TX
How many homes are available in 77069, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 110 | +20.9% |
Summary: The 77069 real estate market had 110 homes for sale in March 2024, a 20.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 31 | 35 | +12.9% |
4 Bedrooms | 28 | 37 | +32.1% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 77069 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 77069 in March 2024, up by 14.3% month-over-month. Of the 24 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for 77069, TX
How long does it take to sell a home in 77069, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 34 Days | -24.2% |
Summary: Homes in 77069 had an average of 34 days on market in Mar 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in 77069; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.