Is 77303, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77303 is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, 77303 has remained a Seller's Market.

Key Takeaway

77303 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77303, TX cost?

Median Sold Price

$280,323

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$28,073(+11.1%)

Key Takeaway

Homes in 77303 have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $129.5K$165K
+27.4%
2 $203K$221.7K
+9.2%
3 $221K$251.2K
+13.7%
4 $340.5K$382.4K
+12.3%
5+ $385K$440K
+14.3%

Median Sold Price Compared To Nearby Zip Codes

77378
+21.0%
77301
+16.0%
77304
+12.0%
77303
+11.1%
77306
+10.0%

How many homes are available in 77303, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
5970+18.6%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 22
0.0%
2 89
+12.5%
3 2738
+40.7%
4 2019
-5.0%
5+ 22
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
1013+30.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77303, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
18 Days41 Days+129.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77303 are selling fast, if you're buying plan to act quickly.

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

About 77303, TX

Homes for sale in 77303, TX have reached 70. The number of homes for sale in 77303, TX increased by 18.6% between November 2022 and December 2022. In December 2022, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $280,323. This housing market listing prices have changed between November 2022 and December 2022: 1 bedroom properties prices increased by 27.4%, prices of 2 bedrooms properties went up by 9.2%, the cost of 3 bedrooms properties went up by 13.7%, the cost of 4 bedrooms properties went up by 12.3%, 5 bedrooms properties became 14.3% more expensive. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 12.5%, 3 bedrooms homes inventory increased by 40.7%, 4 bedrooms homes became 5% less available, 5 bedrooms homes inventory did not change. Over 3 listings were sold over their listed price in December 2022 in 77303, TX. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price.