Is 77089, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77089 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77089 has remained a Seller's Market.

Key Takeaway

77089 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77089, TX cost?

Median Sold Price

$222,123

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$22,883(+11.5%)

Key Takeaway

Homes in 77089 have sold for 11.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $126K$115K
-8.7%
3 $185K$206.5K
+11.6%
4 $223.5K$240K
+7.4%
5+ $326K$345K
+5.8%

Median Sold Price Compared To Nearby Zip Codes

77034
+13.5%
77075
+13.4%
77546
+12.8%
77581
+11.7%
77089
+11.5%

How many homes are available in 77089, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
10299-2.9%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 44
0.0%
3 5251
-1.9%
4 3840
+5.3%
5+ 84
-50.0%

Number of Homes Sold

Sep 2021Oct 2021%
4333-23.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77089, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
33 Days18 Days-44.8%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77089 are selling fast, if you're buying plan to act quickly.

About 77089, TX

Homes for sale in 77089, TX have reached 99. The inventory of homes for sale in 77089, TX between September 2021 and October 2021 decreased by 2.9%. In October 2021 median list price was $222,123 and the average listing age was 18 days. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices decreased by 8.7%, prices of 3 bedrooms properties increased by 11.6%, the cost of 4 bedrooms properties went up by 7.4%, 5 bedrooms properties became 5.8% more expensive. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, volume of 3 bedrooms homes went down by 1.9%, the quantity of 4 bedrooms homes went up by 5.3%, 5 bedrooms homes inventory decreased by 50%. 77089, TX housing market in October 2021 saw over 15 listings sold above listed price, more than 10 sold at listed price and over 8 sold below.