Is 77327, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 77327 has remained a Buyer's Market.
Housing Prices in 77327, TX
How much do homes in 77327, TX cost?
Median Sold Price
$229,990
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77327 was $229,990 in April 2024, down 2.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $198.5K | $91K | -54.2% |
2 Bedrooms | $165K | $185K | +12.1% |
3 Bedrooms | $225K | $219.2K | -2.6% |
4 Bedrooms | $285K | $266.4K | -6.5% |
5+ Bedrooms | $325K | $285K | -12.3% |
Summary: 77327 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.2%, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 12.3%.
Housing Supply in 77327, TX
How many homes are available in 77327, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
267 | 291 | +9.0% |
Summary: The 77327 real estate market had 291 homes for sale in April 2024, a 9.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 34 | 35 | +2.9% |
3 Bedrooms | 125 | 135 | +8.0% |
4 Bedrooms | 70 | 76 | +8.6% |
5+ Bedrooms | 32 | 38 | +18.8% |
Summary: The 77327 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 77327 in April 2024, down by 11.1% month-over-month. Of the 24 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for 77327, TX
How long does it take to sell a home in 77327, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
137 Days | 55 Days | -59.4% |
Summary: Homes in 77327 had an average of 55 days on market in Apr 2024, down by 59.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in 77327; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.