Is 77080, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 77080 has remained a Seller's Market.
Housing Prices in 77080, TX
How much do homes in 77080, TX cost?
Median Sold Price
$372,246
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77080 was $372,246 in April 2024, up 0.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $127.5K | +6.3% |
2 Bedrooms | $329K | $284K | -13.7% |
3 Bedrooms | $358.6K | $362.5K | +1.1% |
4 Bedrooms | $424.5K | $482.5K | +13.7% |
5+ Bedrooms | $475K | $404K | -14.9% |
Summary: 77080 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 14.9%.
Housing Supply in 77080, TX
How many homes are available in 77080, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
131 | 163 | +24.4% |
Summary: The 77080 real estate market had 163 homes for sale in April 2024, a 24.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 89 | 108 | +21.3% |
4 Bedrooms | 33 | 39 | +18.2% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 77080 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 29 | -19.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 77080 in April 2024, down by 19.4% month-over-month. Of the 29 sold homes, 48% were sold under asking, 28% were sold at asking, and 24% were sold over asking.
Days on Market for 77080, TX
How long does it take to sell a home in 77080, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 37 Days | -0.3% |
Summary: Homes in 77080 had an average of 37 days on market in Apr 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in 77080; 52% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.