Is 77092, 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, 77092 was a Seller's Market.
Housing Prices in 77092, TX
How much do homes in 77092, TX cost?
Median Sold Price
$330,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 77092 was $330,000 in February 2024, up 10.4% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $86.5K | +44.2% |
2 Bedrooms | $140K | $156.5K | +11.8% |
3 Bedrooms | $311.7K | $342.7K | +9.9% |
4 Bedrooms | $342.5K | $420K | +22.6% |
5+ Bedrooms | $709K | $350K | -50.6% |
Summary: 77092 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.2%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 50.6%.
Housing Supply in 77092, TX
How many homes are available in 77092, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
97 | 114 | +17.5% |
Summary: The 77092 real estate market had 114 homes for sale in February 2024, a 17.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 58 | 65 | +12.1% |
4 Bedrooms | 19 | 26 | +36.8% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 77092 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 77092 in February 2024, down by 11.8% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.
Days on Market for 77092, TX
How long does it take to sell a home in 77092, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
39 Days | 44 Days | +13.1% |
Summary: Homes in 77092 had an average of 44 days on market in Feb 2024, up by 13.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 15 homes were sold in 77092; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.