Is 77303, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77303 was a Seller's Market.
Housing Prices in 77303, TX
How much do homes in 77303, TX cost?
Median Sold Price
$278,878
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77303 was $278,878 in March 2024, down 3.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $27.5K | -82.8% |
2 Bedrooms | $216K | $190K | -12.0% |
3 Bedrooms | $260K | $250K | -3.8% |
4 Bedrooms | $355K | $335K | -5.6% |
5+ Bedrooms | $389.5K | $385K | -1.2% |
Summary: 77303 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 82.8%, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 77303, TX
How many homes are available in 77303, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
143 | 150 | +4.9% |
Summary: The 77303 real estate market had 150 homes for sale in March 2024, a 4.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 68 | 75 | +10.3% |
4 Bedrooms | 64 | 65 | +1.6% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 77303 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 22 | -24.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 77303 in March 2024, down by 24.1% month-over-month. Of the 22 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% were sold over asking.
Days on Market for 77303, TX
How long does it take to sell a home in 77303, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 54 Days | -10.0% |
Summary: Homes in 77303 had an average of 54 days on market in Mar 2024, down by 10% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 77303; 41% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.