Is 77080, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77080 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77080 has remained a Seller's Market.

Key Takeaway

77080 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77080, TX cost?

Median Sold Price

$337,500

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$32,510(+10.7%)

Key Takeaway

Homes in 77080 have sold for 10.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $87.5K$99K
+13.1%
2 $127K$237.5K
+87.0%
3 $299.9K$330K
+10.0%
4 $375K$385K
+2.7%
5+ $374.5K$434.6K
+16.0%

Median Sold Price Compared To Nearby Zip Codes

77043
+13.5%
77040
+12.3%
77092
+11.4%
77080
+10.7%
77055
+9.3%

How many homes are available in 77080, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
176182+3.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 109
-10.0%
3 111106
-4.5%
4 4657
+23.9%
5+ 910
+11.1%

Number of Homes Sold

Oct 2021Nov 2021%
4445+2.3%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77080, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
45 Days36 Days-19.2%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77080 are selling fast, if you're buying plan to act quickly.

About 77080, TX

77080, TX has 182 homes for sale to choose from. In November 2021 in 77080, TX there were 3.4% more homes for sale than in October 2021. The median list price of listings available in November 2021 was $337,500, while the average time on the real estate market was 36 days. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 13.1%, prices of 2 bedrooms properties increased by 87%, the cost of 3 bedrooms properties went up by 10%, prices of 4 bedrooms properties went up by 2.7%, the cost of 5 bedrooms properties went up by 16%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 10%, the quantity of 3 bedrooms homes went down by 4.5%, number of 4 bedrooms homes increased by 23.9%, volume of 5 bedrooms homes went up by 11.1%. In November 2021 more than 10 listings in 77080, TX were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 24 were sold below.