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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77086 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77086 has remained a Seller's Market.

Key Takeaway

77086 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77086, TX cost?

Median Sold Price

$185,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$19,500(+11.8%)

Key Takeaway

Homes in 77086 have sold for 11.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $116K$114.4K
-1.3%
3 $163.2K$181.6K
+11.3%
4 $180K$212K
+17.8%
5+ $180K$244K
+35.6%

Median Sold Price Compared To Nearby Zip Codes

77088
+18.8%
77038
+18.3%
77064
+12.6%
77066
+12.1%
77086
+11.8%

How many homes are available in 77086, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
5043-14.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 33
0.0%
3 2520
-20.0%
4 1715
-11.8%
5+ 55
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
1423+64.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77086, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
34 Days30 Days-11.6%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

About 77086, TX

77086, TX has 43 homes for sale to choose from. The inventory of homes for sale in 77086, TX between September 2021 and October 2021 decreased by 14%. The median list price of listings available in October 2021 was $185,000, while the average time on the real estate market was 30 days. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 1.3% more cheaper, prices of 3 bedrooms properties went up by 11.3%, prices of 4 bedrooms properties went up by 17.8%, prices of 5 bedrooms properties went up by 35.6%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, the quantity of 3 bedrooms homes went down by 20%, number of 4 bedrooms homes decreased by 11.8%, 5 bedrooms homes did not move. In October 2021 more than 11 listings in 77086, TX were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 7 were sold below.