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 October 2020

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

$205,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$20,000(+10.8%)

Key Takeaway

Homes in 77074 have sold for 10.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $44.4K$76K
+71.2%
2 $82K$106K
+29.3%
3 $201K$215.2K
+7.1%
4 $187K$230K
+23.0%
5+ $215K$318.5K
+48.1%

Median Sold Price Compared To Nearby Zip Codes

77096
+17.2%
77074
+10.8%
77036
+8.8%
77071
+8.8%

How many homes are available in 77074, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
6263+1.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 11
0.0%
2 1715
-11.8%
3 3538
+8.6%
4 86
-25.0%
5+ 13
+200.0%

Number of Homes Sold

Sep 2021Oct 2021%
1316+23.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 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. 62.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
35 Days28 Days-20.8%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

About 77074, TX

Homes for sale in 77074, TX have reached 63. Between September 2021 and October 2021, 77074, TX real estate market has seen increase in the number of listings by 1.6%. Listings spent 28 days on the market in October 2021, and had a median list price of $205,000 during the same period. Real estate listing prices changed between September 2021 and October 2021: prices of 1 bedroom properties went up by 71.2%, prices of 2 bedrooms properties went up by 29.3%, the cost of 3 bedrooms properties went up by 7.1%, 4 bedrooms properties prices increased by 23%, prices of 5 bedrooms properties went up by 48.1%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 11.8%, the quantity of 3 bedrooms homes went up by 8.6%, volume of 4 bedrooms homes went down by 25%, the quantity of 5 bedrooms homes went up by 200%. While more than 2 listings in 77074, TX in October 2021 were sold above asking price, there were more than 4 listings sold at asking price, and more than 10 were sold below.