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 November 2021

At the same time last year, 77328 was a Seller's Market.

Key Takeaway

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

How much do homes in 77328, TX cost?

Median Sold Price

$263,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$2,900(-1.1%)

Key Takeaway

Homes in 77328 have sold for 1.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $250K$200.5K
-19.8%
2 $130K$206K
+58.5%
3 $246K$260K
+5.7%
4 $372K$290K
-22.0%
5+ $469.5K$345K
-26.5%

Median Sold Price Compared To Nearby Zip Codes

77378
+18.4%
77303
+15.7%
77306
+10.7%
77328
-1.1%
77372
-7.0%

How many homes are available in 77328, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
6465+1.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 1211
-8.3%
3 2626
0.0%
4 2224
+9.1%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
107-30.0%

Asking Price vs. Sold Price

3 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 77328, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
32 Days33 Days+1.7%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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.

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

About 77328, TX

There are 65 homes are for sale in 77328, TX real estate market. The number of homes for sale in 77328, TX increased by 1.6% between October 2022 and November 2022. The median list price of listings available in November 2022 was $263,000, while the average time on the real estate market was 33 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went down by 19.8%, prices of 2 bedrooms properties went up by 58.5%, the cost of 3 bedrooms properties went up by 5.7%, 4 bedrooms properties became 22% more cheaper, the cost of 5 bedrooms properties went down by 26.5%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes became 8.3% less available, 3 bedrooms homes did not move, number of 4 bedrooms homes increased by 9.1%, 5 bedrooms homes did not move. While more than 2 listings in 77328, TX in November 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below.