Is 77073, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77073 is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, 77073 was a Seller's Market.

Key Takeaway

77073 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77073, TX cost?

Median Sold Price

$242,250

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$22,251(+10.1%)

Key Takeaway

Homes in 77073 have sold for 10.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $169K$190K
+12.4%
3 $208K$235K
+13.0%
4 $228K$255K
+11.8%
5+ $250K$276K
+10.4%

Median Sold Price Compared To Nearby Zip Codes

77032
+34.9%
77373
+15.0%
77073
+10.1%
77090
+8.3%

How many homes are available in 77073, TX?

Number of Homes For Sale

Dec 2022Jan 2023%
114118+3.5%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 10
-100.0%
3 4752
+10.6%
4 5454
0.0%
5+ 1212
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
2717-37.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77073, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
22 Days81 Days+254.4%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77073 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 77073, TX

Number of homes for sale in 77073, TX real estate market have reached 118. Between December 2022 and January 2023, 77073, TX real estate market has seen increase in the number of listings by 3.5%. Listings spent 81 days on the market in January 2023, and had a median list price of $242,250 during the same period. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 12.4% more expensive, prices of 3 bedrooms properties increased by 13%, the cost of 4 bedrooms properties went up by 11.8%, prices of 5 bedrooms properties went up by 10.4%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 100%, number of 3 bedrooms homes increased by 10.6%, the quantity of 4 bedrooms homes have not changed, number of 5 bedrooms homes remained the same. In January 2023, from all listings sold in 77073, TX there were more than 1 sold above asking price, over 9 sold below and more than 7 were sold right at the asked price.