Is 77336, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77336 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 77336 was a Seller's Market.

Key Takeaway

77336 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77336, TX

How much do homes in 77336, TX cost?

Median Sold Price

$285,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$77,000(-21.3%)

Key Takeaway

Homes in 77336 have sold for 21.3% less than they did a year ago.

Summary: The median home sold price in 77336 was $285,000 in March 2024, down 21.3% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $258K$265K
+2.7%
3 $273.5K$252.9K
-7.5%
4 $534.9K$535K
0.0%
5+ $750K$950K
+26.7%

Summary: 77336 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 26.7%.

Median Sold Price Compared To Nearby Zip Codes

77345
+2.6%
77532
+1.4%
77365
-4.7%
77357
-6.6%
77336
-21.3%

Housing Supply in 77336, TX

How many homes are available in 77336, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7590+20.0%

Summary: The 77336 real estate market had 90 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 32
-33.3%
3 4857
+18.8%
4 2026
+30.0%
5+ 33
0.0%

Summary: The 77336 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

7 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 77336, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 77336 in March 2024, down by 21.4% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 77336, TX

How long does it take to sell a home in 77336, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
17 Days48 Days+168.5%

Summary: Homes in 77336 had an average of 48 days on market in Mar 2024, up by 168.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77336 has remained consistent over time.

Summary: During March 2024, 11 homes were sold in 77336; 27% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

Newest Listings in 77336, TX

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