Is 77338, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77338 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77338 has remained a Seller's Market.

Key Takeaway

77338 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77338, TX cost?

Median Sold Price

$205,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$28,200(+16.0%)

Key Takeaway

Homes in 77338 have sold for 16% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $127K-
N/A
2 $110.1K$118.7K
+7.8%
3 $166K$190K
+14.5%
4 $201.5K$230K
+14.1%
5+ $216.5K$252K
+16.4%

Median Sold Price Compared To Nearby Zip Codes

77073
+19.9%
77338
+16.0%
77339
+15.4%
77396
+11.3%

How many homes are available in 77338, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
112108-3.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 1312
-7.7%
3 5359
+11.3%
4 4131
-24.4%
5+ 56
+20.0%

Number of Homes Sold

Sep 2021Oct 2021%
4528-37.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77338, you could pay more than the asking price. 39.3% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
29 Days14 Days-51.1%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77338 are selling fast, if you're buying plan to act quickly.

About 77338, TX

Homes for sale in 77338, TX have reached 108. Between September 2021 and October 2021, 77338, TX real estate market has seen decrease in the number of listings by 3.6%. In October 2021 median list price was $205,000 and the average listing age was 14 days. Listing prices have changed in this real estate market between September 2021 and October 2021: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 7.8%, prices of 3 bedrooms properties increased by 14.5%, the cost of 4 bedrooms properties went up by 14.1%, prices of 5 bedrooms properties went up by 16.4%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 7.7%, 3 bedrooms homes became 11.3% more available, volume of 4 bedrooms homes went down by 24.4%, 5 bedrooms homes inventory increased by 20%. Over 11 listings were sold over their listed price in October 2021 in 77338, TX. In the same period over 9 listings were sold below the listed price and 8 listings were sold for the listed price.