Is 77094, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77094 is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 77094 was a Seller's Market.

Key Takeaway

77094 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 77094, TX

How much do homes in 77094, TX cost?

Median Sold Price

$510,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$4,000(+0.8%)

Key Takeaway

Homes in 77094 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 77094 was $510,000 in February 2024, up 0.8% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $348K$355K
+2.0%
3 $380K$400K
+5.3%
4 $516K$515K
-0.2%
5+ $705K$702.2K
-0.4%

Summary: 77094 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 0.4%.

Median Sold Price Compared To Nearby Zip Codes

77079
+24.3%
77082
+3.4%
77094
+0.8%
77450
0.0%
77084
-1.6%

Housing Supply in 77094, TX

How many homes are available in 77094, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
812+50.0%

Summary: The 77094 real estate market had 12 homes for sale in February 2024, a 50.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 57
+40.0%
5+ 22
0.0%

Summary: The 77094 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77094, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 77094 in February 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 77094, TX

How long does it take to sell a home in 77094, TX?

Average Sale Time

Feb 2023Feb 2024CHANGE
22 Days21 Days-3.0%

Summary: Homes in 77094 had an average of 21 days on market in Feb 2024, down by 3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77094 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 2 homes were sold in 77094; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in 77094, TX

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