Is 77092, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77092 is a neutral's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 77092 was a Seller's Market.

Key Takeaway

77092 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77092, TX cost?

Median Sold Price

$290,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$29,633(+11.4%)

Key Takeaway

Homes in 77092 have sold for 11.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $37.7K$49.9K
+32.2%
2 $120K$134.5K
+12.1%
3 $270K$299.5K
+10.9%
4 $312K$356K
+14.1%
5+ $355K$330K
-7.0%

Median Sold Price Compared To Nearby Zip Codes

77092
+11.4%
77080
+10.7%
77055
+9.3%
77018
+5.0%
77091
+1.4%

How many homes are available in 77092, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
122126+3.3%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 32
-33.3%
2 2121
0.0%
3 7177
+8.5%
4 2626
0.0%
5+ 10
-100.0%

Number of Homes Sold

Oct 2021Nov 2021%
2721-22.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77092, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
49 Days26 Days-46.5%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77092 are selling fast, if you're buying plan to act quickly.

About 77092, TX

77092, TX has 126 homes for sale to choose from. The number of listings in 77092, TX increased by 3.3% between October 2021 and November 2021. Listings spent 26 days on the market in November 2021, and had a median list price of $290,000 during the same period. Listing prices have changed in this real estate market between October 2021 and November 2021: 1 bedroom properties became 32.2% more expensive, 2 bedrooms properties became 12.1% more expensive, 3 bedrooms properties became 10.9% more expensive, the cost of 4 bedrooms properties went up by 14.1%, prices of 5 bedrooms properties went down by 7%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 33.3%, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes went up by 8.5%, 4 bedrooms homes inventory did not change, the quantity of 5 bedrooms homes went down by 100%. In November 2021 more than 8 listings in 77092, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 11 were sold below.