Is 77074, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77074 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 77074 has remained a Seller's Market.

Key Takeaway

77074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77074, TX cost?

Median Sold Price

$230,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$24,500(+11.9%)

Key Takeaway

Homes in 77074 have sold for 11.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $82K$69.7K
-14.9%
2 $106K$118.5K
+11.8%
3 $225K$240K
+6.7%
4 $231.2K$245K
+6.0%
5+ $318.5K$347.5K
+9.1%

Median Sold Price Compared To Nearby Zip Codes

77071
+19.1%
77036
+17.7%
77074
+11.9%
77096
+9.6%

How many homes are available in 77074, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
4749+4.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 1313
0.0%
3 3031
+3.3%
4 23
+50.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1013+30.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77074, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
36 Days38 Days+4.9%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77074 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 77074, TX

There are 49 homes are for sale in 77074, TX real estate market. Between October 2022 and November 2022, 77074, TX real estate market has seen increase in the number of listings by 4.3%. In November 2022 median list price was $230,000 and the average listing age was 38 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 14.9%, prices of 2 bedrooms properties increased by 11.8%, 3 bedrooms properties prices increased by 6.7%, prices of 4 bedrooms properties increased by 6%, 5 bedrooms properties prices increased by 9.1%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory increased by 3.3%, volume of 4 bedrooms homes went up by 50%, the quantity of 5 bedrooms homes have not changed. While more than 3 listings in 77074, TX in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 10 were sold below.