Is 77302, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77302 is a neutral's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77302 was a Seller's Market.

Key Takeaway

77302 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 77302, TX cost?

Median Sold Price

$340,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$16,083(+5.0%)

Key Takeaway

Homes in 77302 have sold for 5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $159.9K$340K
+112.6%
2 $250K$288.3K
+15.3%
3 $240K$277.5K
+15.6%
4 $358.5K$357K
-0.4%
5+ $444K$447.1K
+0.7%

Median Sold Price Compared To Nearby Zip Codes

77301
+20.3%
77385
+16.5%
77386
+13.8%
77306
+10.7%
77302
+5.0%

How many homes are available in 77302, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
112104-7.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 10
-100.0%
2 12
+100.0%
3 4240
-4.8%
4 5350
-5.7%
5+ 1512
-20.0%

Number of Homes Sold

Oct 2022Nov 2022%
2716-40.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77302, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
20 Days37 Days+77.1%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77302 has remained consistent over time.

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

About 77302, TX

77302, TX has 104 homes for sale to choose from. The number of listings in 77302, TX decreased by 7.1% between October 2022 and November 2022. In November 2022 median list price was $340,000 and the average listing age was 37 days. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties became 112.6% more expensive, the cost of 2 bedrooms properties went up by 15.3%, prices of 3 bedrooms properties went up by 15.6%, prices of 4 bedrooms properties went down by 0.4%, prices of 5 bedrooms properties increased by 0.7%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 100%, 2 bedrooms homes became 100% more available, number of 3 bedrooms homes decreased by 4.8%, 4 bedrooms homes inventory decreased by 5.7%, volume of 5 bedrooms homes went down by 20%. 77302, TX housing market in November 2022 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 11 sold below.