Is 77091, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 77091 was a Seller's Market.
Housing Prices in 77091, TX
How much do homes in 77091, TX cost?
Median Sold Price
$334,995
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 77091 was $334,995 in February 2024, up 16.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35.5K | $32.7K | -7.6% |
2 Bedrooms | $95K | $105K | +10.5% |
3 Bedrooms | $309.4K | $349K | +12.8% |
4 Bedrooms | $349.9K | $346K | -1.1% |
5+ Bedrooms | $290K | $499K | +72.1% |
Summary: 77091 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 72.1%.
Housing Supply in 77091, TX
How many homes are available in 77091, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
164 | 208 | +26.8% |
Summary: The 77091 real estate market had 208 homes for sale in February 2024, a 26.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 22 | 22 | 0.0% |
3 Bedrooms | 120 | 160 | +33.3% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 77091 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
18 | 11 | -38.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 77091 in February 2024, down by 38.9% month-over-month. Of the 11 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% were sold over asking.
Days on Market for 77091, TX
How long does it take to sell a home in 77091, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 46 Days | -20.2% |
Summary: Homes in 77091 had an average of 46 days on market in Feb 2024, down by 20.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in 77091; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.