Is 77306, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77306 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77306 was a Seller's Market.

Key Takeaway

77306 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77306, TX cost?

Median Sold Price

$275,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$31,255(+12.8%)

Key Takeaway

Homes in 77306 have sold for 12.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $235K-
N/A
2 $225K$205K
-8.9%
3 $215K$252.7K
+17.6%
4 $310K$309K
-0.3%
5+ $347.5K$1.9M
+463.3%

Median Sold Price Compared To Nearby Zip Codes

77301
+21.7%
77303
+19.1%
77306
+12.8%
77302
+5.4%
77372
-3.3%

How many homes are available in 77306, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
26260.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 64
-33.3%
3 89
+12.5%
4 78
+14.3%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77306, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
9 Days10 Days+10.5%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77306 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 77306, TX

77306, TX has 26 homes on the market. While the average time on the market in October 2022 was 10 days, the median list price was $275,000. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices decreased by 8.9%, prices of 3 bedrooms properties went up by 17.6%, 4 bedrooms properties became 0.3% more cheaper, prices of 5 bedrooms properties went up by 463.3%. Volume of homes for sale changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes became 12.5% more available, 4 bedrooms homes became 14.3% more available, the quantity of 5 bedrooms homes have not changed. In October 2022, from all listings sold in 77306, TX there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.