Is 77090, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 77090 was a Seller's Market.
Housing Prices in 77090, TX
How much do homes in 77090, TX cost?
Median Sold Price
$263,500
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77090 was $263,500 in April 2024, up 3.3% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $81.7K | $92.5K | +13.2% |
2 Bedrooms | $122K | $142.5K | +16.8% |
3 Bedrooms | $235K | $245.9K | +4.7% |
4 Bedrooms | $280K | $289.9K | +3.5% |
5+ Bedrooms | $335K | $317.5K | -5.2% |
Summary: 77090 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 5.2%.
Housing Supply in 77090, TX
How many homes are available in 77090, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 99 | +16.5% |
Summary: The 77090 real estate market had 99 homes for sale in April 2024, a 16.5% 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 | 8 | 14 | +75.0% |
3 Bedrooms | 30 | 30 | 0.0% |
4 Bedrooms | 33 | 39 | +18.2% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The 77090 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 increased by 75%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 77090 in April 2024, down by 23.5% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% were sold over asking.
Days on Market for 77090, TX
How long does it take to sell a home in 77090, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 57 Days | +47.5% |
Summary: Homes in 77090 had an average of 57 days on market in Apr 2024, up by 47.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 77090; 62% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.