Is 77085, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77085 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77085 has remained a Seller's Market.

Key Takeaway

77085 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77085, TX cost?

Median Sold Price

$206,500

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$34,500(+20.1%)

Key Takeaway

Homes in 77085 have sold for 20.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $113.6K$201.4K
+77.3%
3 $168K$195.5K
+16.4%
4 $205K$214.9K
+4.9%
5+ $165K-
N/A

Median Sold Price Compared To Nearby Zip Codes

77085
+20.1%
77489
+16.9%
77053
+12.4%
77045
+7.5%
77035
+3.8%

How many homes are available in 77085, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
2015-25.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 22
0.0%
3 107
-30.0%
4 86
-25.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
94-55.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77085, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Nov 2020Nov 2021%
28 Days23 Days-16.2%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77085 are selling fast, if you're buying plan to act quickly.

About 77085, TX

77085, TX has 15 homes on the market. In November 2021 in 77085, TX there were 25% less homes for sale than in October 2021. Listings spent 23 days on the market in November 2021, and had a median list price of $206,500 during the same period. Between October 2021 and November 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 77.3%, 3 bedrooms properties prices increased by 16.4%, the cost of 4 bedrooms properties went up by 4.9%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes decreased by 30%, volume of 4 bedrooms homes went down by 25%, the quantity of 5 bedrooms homes have not changed. Over 2 listings were sold over their listed price in November 2021 in 77085, TX. In the same period over 0 listings were sold below the listed price and 2 listings were sold for the listed price.