Is 77328, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 77328 was a Neutral 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
$270,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 77328 have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in 77328 was $270,000 in April 2024, up 1.3% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $568.1K | $175K | -69.2% |
| 2 Bedrooms | $220K | $200K | -9.1% |
| 3 Bedrooms | $265K | $266.5K | +0.6% |
| 4 Bedrooms | $290K | $305K | +5.2% |
| 5+ Bedrooms | $445K | $460K | +3.4% |
Summary: 77328 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.2%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 3.4%.
Housing Supply in 77328, TX
How many homes are available in 77328, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 | 106 | +6.0% |
Summary: The 77328 real estate market had 106 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 47 | 47 | 0.0% |
| 4 Bedrooms | 31 | 37 | +19.4% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 77328 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77328, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 77328 in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 50% were sold at asking, and 30% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 97 Days | 53 Days | -44.6% |
Summary: Homes in 77328 had an average of 53 days on market in Apr 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77328 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 77328; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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