Is 77328, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77328 is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, 77328 has remained a Buyer's Market.

Key Takeaway

77328 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77328, TX

How much do homes in 77328, TX cost?

Median Sold Price

$268,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$5,000(+1.9%)

Key Takeaway

Homes in 77328 have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in 77328 was $268,000 in February 2024, up 1.9% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $136K$175K
+28.7%
2 $220K$200K
-9.1%
3 $258K$265K
+2.7%
4 $289K$303.9K
+5.2%
5+ $445K$465.9K
+4.7%

Summary: 77328 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

77328
+1.9%
77303
-3.0%
77378
-3.4%
77372
-4.4%
77306
-7.4%

Housing Supply in 77328, TX

How many homes are available in 77328, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
84101+20.2%

Summary: The 77328 real estate market had 101 homes for sale in February 2024, a 20.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1416
+14.3%
3 4251
+21.4%
4 2126
+23.8%
5+ 78
+14.3%

Summary: The 77328 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77328, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 77328 in February 2024, up by 57.1% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.

Days on Market for 77328, TX

How long does it take to sell a home in 77328, TX?

Average Sale Time

Feb 2023Feb 2024CHANGE
77 Days63 Days-18.9%

Summary: Homes in 77328 had an average of 63 days on market in Feb 2024, down by 18.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77328 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 11 homes were sold in 77328; 36% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 77328, TX

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