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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77338 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77338 was a Seller's Market.

Key Takeaway

77338 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77338, TX cost?

Median Sold Price

$239,333

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$33,999(+16.6%)

Key Takeaway

Homes in 77338 have sold for 16.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $120K$132.5K
+10.4%
3 $190K$225.3K
+18.6%
4 $230K$270K
+17.4%
5+ $252K$302.5K
+20.0%

Median Sold Price Compared To Nearby Zip Codes

77032
+21.1%
77338
+16.6%
77396
+15.5%
77339
+15.1%
77073
+14.3%

How many homes are available in 77338, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
118151+28.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 69
+50.0%
3 5870
+20.7%
4 3954
+38.5%
5+ 1417
+21.4%

Number of Homes Sold

Sep 2022Oct 2022%
2518-28.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77338, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
14 Days28 Days+94.4%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

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

About 77338, TX

There are 151 homes are for sale in 77338, TX real estate market. The number of homes for sale in 77338, TX increased by 28% between September 2022 and October 2022. In October 2022, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $239,333. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 10.4%, 3 bedrooms properties prices increased by 18.6%, the cost of 4 bedrooms properties went up by 17.4%, 5 bedrooms properties became 20% more expensive. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 50%, volume of 3 bedrooms homes went up by 20.7%, volume of 4 bedrooms homes went up by 38.5%, 5 bedrooms homes inventory increased by 21.4%. While more than 3 listings in 77338, TX in October 2022 were sold above asking price, there were more than 5 listings sold at asking price, and more than 10 were sold below.