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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77306 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77306 has remained a Seller's Market.

Key Takeaway

77306 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77306, TX cost?

Median Sold Price

$242,490

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$24,490(+11.2%)

Key Takeaway

Homes in 77306 have sold for 11.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $138.7K$235K
+69.4%
2 $252.5K$199.9K
-20.8%
3 $208.5K$225K
+7.9%
4 $217K$310K
+42.9%
5+ $432.5K$347.5K
-19.7%

Median Sold Price Compared To Nearby Zip Codes

77372
+23.9%
77302
+23.5%
77303
+18.3%
77306
+11.2%
77301
+8.9%

How many homes are available in 77306, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
3328-15.2%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 10
-100.0%
2 55
0.0%
3 128
-33.3%
4 1414
0.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
85-37.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were 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. 60% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
32 Days49 Days+49.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77306 has remained consistent over time.

About 77306, TX

77306, TX has 28 homes on the market. The inventory of homes for sale in 77306, TX between October 2021 and November 2021 decreased by 15.2%. While the average time on the market in November 2021 was 49 days, the median list price was $242,490. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 69.4%, prices of 2 bedrooms properties decreased by 20.8%, 3 bedrooms properties prices increased by 7.9%, the cost of 4 bedrooms properties went up by 42.9%, 5 bedrooms properties became 19.7% more cheaper. Volume of homes for sale changed: number of 1 bedroom homes decreased by 100%, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went down by 33.3%, number of 4 bedrooms homes remained the same, volume of 5 bedrooms homes stayed the same. In November 2021, from all listings sold in 77306, TX there were more than 0 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price.