Is 77327, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77327 is a neutral's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 77327 was a Seller's Market.

Key Takeaway

77327 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77327, TX cost?

Median Sold Price

$210,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$30,000(+16.7%)

Key Takeaway

Homes in 77327 have sold for 16.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $68.5K$46K
-32.8%
2 $95K$130.9K
+37.8%
3 $171.9K$207.9K
+20.9%
4 $198.8K$223.9K
+12.6%
5+ $335K$277.5K
-17.2%

Median Sold Price Compared To Nearby Zip Codes

77372
+23.9%
77327
+16.7%
77371
+2.5%

How many homes are available in 77327, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
125133+6.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 33
0.0%
2 2325
+8.7%
3 6164
+4.9%
4 3031
+3.3%
5+ 810
+25.0%

Number of Homes Sold

Oct 2021Nov 2021%
1420+42.9%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77327, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
67 Days67 Days0.1%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77327 are selling fast, if you're buying plan to act quickly.

About 77327, TX

There are 133 homes are for sale in 77327, TX real estate market. The number of homes for sale in 77327, TX increased by 6.4% between October 2021 and November 2021. Listings spent 67 days on the market in November 2021, and had a median list price of $210,000 during the same period. Listing prices have changed in this real estate market between October 2021 and November 2021: the cost of 1 bedroom properties went down by 32.8%, 2 bedrooms properties became 37.8% more expensive, prices of 3 bedrooms properties went up by 20.9%, prices of 4 bedrooms properties went up by 12.6%, prices of 5 bedrooms properties decreased by 17.2%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 8.7%, 3 bedrooms homes inventory increased by 4.9%, volume of 4 bedrooms homes went up by 3.3%, 5 bedrooms homes became 25% more available. Over 2 listings were sold over their listed price in November 2021 in 77327, TX. In the same period over 15 listings were sold below the listed price and 3 listings were sold for the listed price.