Is 77338, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77338 was a Seller's Market.
Housing Prices in 77338, TX
How much do homes in 77338, TX cost?
Median Sold Price
$245,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77338 was $245,000 in March 2024, up 2.1% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | - | N/A |
2 Bedrooms | $149.2K | $141K | -5.5% |
3 Bedrooms | $229K | $231.5K | +1.1% |
4 Bedrooms | $264.9K | $276.2K | +4.3% |
5+ Bedrooms | $300K | $310K | +3.3% |
Summary: 77338 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 decreased by 5.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in 77338, TX
How many homes are available in 77338, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
152 | 158 | +3.9% |
Summary: The 77338 real estate market had 158 homes for sale in March 2024, a 3.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 76 | 78 | +2.6% |
4 Bedrooms | 53 | 54 | +1.9% |
5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 77338 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 77338 in March 2024, up by 9.5% month-over-month. Of the 23 sold homes, 61% were sold under asking, 26% were sold at asking, and 13% were sold over asking.
Days on Market for 77338, TX
How long does it take to sell a home in 77338, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 36 Days | -41.1% |
Summary: Homes in 77338 had an average of 36 days on market in Mar 2024, down by 41.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 77338; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.