Is 77086, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77086 is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77086 was a Seller's Market.

Key Takeaway

77086 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77086, TX cost?

Median Sold Price

$225,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$40,000(+21.6%)

Key Takeaway

Homes in 77086 have sold for 21.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $109K$135K
+23.9%
3 $181.6K$220K
+21.1%
4 $212K$239K
+12.7%
5+ $244K$450K
+84.4%

Median Sold Price Compared To Nearby Zip Codes

77086
+21.6%
77066
+19.1%
77088
+16.9%
77064
+14.9%
77038
+14.1%

How many homes are available in 77086, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
5350-5.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 64
-33.3%
3 3533
-5.7%
4 99
0.0%
5+ 34
+33.3%

Number of Homes Sold

Sep 2022Oct 2022%
138-38.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77086, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
29 Days30 Days+3.5%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77086 are selling fast, if you're buying plan to act quickly.

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

About 77086, TX

There are 50 homes are for sale in 77086, TX real estate market. The number of listings in 77086, TX decreased by 5.7% between September 2022 and October 2022. The median list price of listings available in October 2022 was $225,000, while the average time on the real estate market was 30 days. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 23.9%, prices of 3 bedrooms properties went up by 21.1%, 4 bedrooms properties became 12.7% more expensive, 5 bedrooms properties became 84.4% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes became 33.3% less available, number of 3 bedrooms homes decreased by 5.7%, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes went up by 33.3%. 77086, TX housing market in October 2022 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 5 sold below.