Is 77096, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77096 has remained a Seller's Market.
Housing Prices in 77096, TX
How much do homes in 77096, TX cost?
Median Sold Price
$420,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77096 was $420,000 in March 2024, up 0.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $79.5K | $72K | -9.4% |
2 Bedrooms | $160.4K | $157K | -2.2% |
3 Bedrooms | $387.2K | $387K | -0.1% |
4 Bedrooms | $459.9K | $475K | +3.3% |
5+ Bedrooms | $575K | $700K | +21.7% |
Summary: 77096 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.4%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 21.7%.
Housing Supply in 77096, TX
How many homes are available in 77096, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 132 | +34.7% |
Summary: The 77096 real estate market had 132 homes for sale in March 2024, a 34.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 36 | 62 | +72.2% |
4 Bedrooms | 40 | 47 | +17.5% |
5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 77096 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 72.2%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 27 | +58.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 77096 in March 2024, up by 58.8% month-over-month. Of the 27 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for 77096, TX
How long does it take to sell a home in 77096, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 44 Days | -17.9% |
Summary: Homes in 77096 had an average of 44 days on market in Mar 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 77096; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.