Is 77089, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 77089 has remained a Seller's Market.
Housing Prices in 77089, TX
How much do homes in 77089, TX cost?
Median Sold Price
$259,950
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77089 was $259,950 in April 2024, up 4% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $160K | $159.2K | -0.5% |
3 Bedrooms | $238.9K | $245K | +2.5% |
4 Bedrooms | $275K | $287K | +4.4% |
5+ Bedrooms | $395K | $315K | -20.3% |
Summary: 77089 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 20.3%.
Housing Supply in 77089, TX
How many homes are available in 77089, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
113 | 122 | +8.0% |
Summary: The 77089 real estate market had 122 homes for sale in April 2024, a 8.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 61 | 63 | +3.3% |
4 Bedrooms | 47 | 52 | +10.6% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 77089 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 50%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 34 | +61.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 77089 in April 2024, up by 61.9% month-over-month. Of the 34 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for 77089, TX
How long does it take to sell a home in 77089, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 27 Days | -29.2% |
Summary: Homes in 77089 had an average of 27 days on market in Apr 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in 77089; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.