Is 77320, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77320 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77320 has remained a Seller's Market.

Key Takeaway

77320 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77320, TX cost?

Median Sold Price

$233,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$31,903(+15.9%)

Key Takeaway

Homes in 77320 have sold for 15.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $165.3K$68K
-58.9%
2 $122.4K$142.5K
+16.4%
3 $204.9K$230K
+12.2%
4 $309K$269.5K
-12.8%
5+ $390K$462.5K
+18.6%

Median Sold Price Compared To Nearby Zip Codes

75862
+31.0%
77320
+15.9%
77340
+8.8%

How many homes are available in 77320, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
8472-14.3%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 45
+25.0%
2 86
-25.0%
3 5345
-15.1%
4 1515
0.0%
5+ 41
-75.0%

Number of Homes Sold

Oct 2021Nov 2021%
2517-32.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77320, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
78 Days28 Days-63.6%

Breakdown of Home Sale Times

12 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 77320 are selling fast, if you're buying plan to act quickly.

About 77320, TX

Homes for sale in 77320, TX have reached 72. The number of listings in 77320, TX decreased by 14.3% between October 2021 and November 2021. Listings spent 28 days on the market in November 2021, and had a median list price of $233,000 during the same period. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 58.9% more cheaper, 2 bedrooms properties prices increased by 16.4%, 3 bedrooms properties became 12.2% more expensive, 4 bedrooms properties prices decreased by 12.8%, prices of 5 bedrooms properties increased by 18.6%. Volume of homes for sale changed: 1 bedroom homes became 25% more available, volume of 2 bedrooms homes went down by 25%, the quantity of 3 bedrooms homes went down by 15.1%, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes went down by 75%. In November 2021, from all listings sold in 77320, TX there were more than 2 sold above asking price, over 13 sold below and more than 2 were sold right at the asked price.