Is 77339, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77339 has remained a Seller's Market.
Housing Prices in 77339, TX
How much do homes in 77339, TX cost?
Median Sold Price
$305,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77339 was $305,000 in March 2024, up 1.7% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $237.9K | $212.5K | -10.7% |
3 Bedrooms | $260K | $259K | -0.4% |
4 Bedrooms | $346K | $326.1K | -5.7% |
5+ Bedrooms | $411K | $452.2K | +10.0% |
Summary: 77339 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 10.7%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 10%.
Housing Supply in 77339, TX
How many homes are available in 77339, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
153 | 197 | +28.8% |
Summary: The 77339 real estate market had 197 homes for sale in March 2024, a 28.8% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 53 | 71 | +34.0% |
4 Bedrooms | 80 | 99 | +23.8% |
5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The 77339 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 100%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 27.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 46 | +31.4% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in 77339 in March 2024, up by 31.4% month-over-month. Of the 46 sold homes, 59% were sold under asking, 26% were sold at asking, and 15% were sold over asking.
Days on Market for 77339, TX
How long does it take to sell a home in 77339, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 38 Days | +0.8% |
Summary: Homes in 77339 had an average of 38 days on market in Mar 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 46 homes were sold in 77339; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.