Is 77084, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77084 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 77084 has remained a Seller's Market.

Key Takeaway

77084 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77084, TX

How much do homes in 77084, TX cost?

Median Sold Price

$279,742

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$177(-0.1%)

Key Takeaway

The sold price of homes in 77084 has remained the same since last year.

Summary: The median home sold price in 77084 was $279,742 in April 2024, down 0.1% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $137K$89K
-35.0%
2 $196.5K$196K
-0.3%
3 $256.5K$259.7K
+1.3%
4 $310K$319.8K
+3.2%
5+ $355K$378.2K
+6.5%

Summary: 77084 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

77041
+9.9%
77094
+2.0%
77449
0%
77084
-0.1%
77095
-0.8%

Housing Supply in 77084, TX

How many homes are available in 77084, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
248313+26.2%

Summary: The 77084 real estate market had 313 homes for sale in April 2024, a 26.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 131156
+19.1%
4 93125
+34.4%
5+ 1524
+60.0%

Summary: The 77084 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 decreased by 11.1%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6771+6.0%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77084, you may be able to get a good deal. 47.9% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in 77084 in April 2024, up by 6.0% month-over-month. Of the 71 sold homes, 48% were sold under asking, 28% were sold at asking, and 24% were sold over asking.

Days on Market for 77084, TX

How long does it take to sell a home in 77084, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days33 Days+44.8%

Summary: Homes in 77084 had an average of 33 days on market in Apr 2024, up by 44.8% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77084 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 71 homes were sold in 77084; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

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