Is 77070, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77070 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77070 has remained a Seller's Market.

Key Takeaway

77070 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77070, TX cost?

Median Sold Price

$259,966

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$33,588(+14.8%)

Key Takeaway

Homes in 77070 have sold for 14.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $167K$209.2K
+25.3%
3 $204K$235.7K
+15.6%
4 $243.5K$277.9K
+14.2%
5+ $285K$315K
+10.5%

Median Sold Price Compared To Nearby Zip Codes

77069
+20.0%
77429
+16.2%
77064
+14.9%
77070
+14.8%
77065
+10.8%

How many homes are available in 77070, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
153138-9.8%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 99
0.0%
3 5441
-24.1%
4 8075
-6.3%
5+ 1013
+30.0%

Number of Homes Sold

Oct 2021Nov 2021%
5641-26.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77070, you could pay more than the asking price. 41.5% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
24 Days19 Days-21.9%

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77070 are selling fast, if you're buying plan to act quickly.

About 77070, TX

77070, TX has 138 homes on the market. The number of homes for sale in 77070, TX decreased by 9.8% between October 2021 and November 2021. In November 2021 median list price was $259,966 and the average listing age was 19 days. This housing market listing prices have changed between October 2021 and November 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 25.3%, 3 bedrooms properties became 15.6% more expensive, the cost of 4 bedrooms properties went up by 14.2%, the cost of 5 bedrooms properties went up by 10.5%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 24.1% less available, 4 bedrooms homes inventory decreased by 6.3%, 5 bedrooms homes became 30% more available. In November 2021, from all listings sold in 77070, TX there were more than 17 sold above asking price, over 14 sold below and more than 10 were sold right at the asked price.