Is 77301, 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, 77301 was a Seller's Market.
Housing Prices in 77301, TX
How much do homes in 77301, TX cost?
Median Sold Price
$267,491
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 77301 was $267,491 in February 2024, down 2.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $55K | N/A |
2 Bedrooms | $190.5K | $166K | -12.9% |
3 Bedrooms | $259.9K | $251.8K | -3.1% |
4 Bedrooms | $305K | $298.1K | -2.2% |
5+ Bedrooms | $468.6K | $453.3K | -3.3% |
Summary: 77301 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 decreased by 12.9%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in 77301, TX
How many homes are available in 77301, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
128 | 144 | +12.5% |
Summary: The 77301 real estate market had 144 homes for sale in February 2024, a 12.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 61 | 68 | +11.5% |
4 Bedrooms | 49 | 58 | +18.4% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 77301 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 12.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
20 | 22 | +10.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 77301 in February 2024, up by 10.0% month-over-month. Of the 22 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.
Days on Market for 77301, TX
How long does it take to sell a home in 77301, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
87 Days | 53 Days | -39.2% |
Summary: Homes in 77301 had an average of 53 days on market in Feb 2024, down by 39.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 22 homes were sold in 77301; 32% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.