Is 77075, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77075 was a Seller's Market.
Housing Prices in 77075, TX
How much do homes in 77075, TX cost?
Median Sold Price
$269,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77075 was $269,000 in March 2024, up 4.1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $440K | - | N/A |
2 Bedrooms | $180K | $378K | +110.0% |
3 Bedrooms | $245K | $251.5K | +2.7% |
4 Bedrooms | $280.4K | $297.3K | +6.1% |
5+ Bedrooms | $315K | $290K | -7.9% |
Summary: 77075 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 110%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 7.9%.
Housing Supply in 77075, TX
How many homes are available in 77075, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 69 | +7.8% |
Summary: The 77075 real estate market had 69 homes for sale in March 2024, a 7.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 41 | 41 | 0.0% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 77075 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 77075 in March 2024, up by 25.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 77075, TX
How long does it take to sell a home in 77075, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 36 Days | -34.4% |
Summary: Homes in 77075 had an average of 36 days on market in Mar 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 77075; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.