Is 77345, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77345 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 77345 has remained a Seller's Market.

Key Takeaway

77345 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77345, TX cost?

Median Sold Price

$390,187

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$49,854(+14.6%)

Key Takeaway

Homes in 77345 have sold for 14.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $120K$152K
+26.7%
2 $209.2K$198K
-5.4%
3 $265K$305K
+15.1%
4 $348.8K$395.5K
+13.4%
5+ $452K$550K
+21.7%

Median Sold Price Compared To Nearby Zip Codes

77336
+46.1%
77365
+14.9%
77345
+14.6%
77339
+14.2%
77346
+13.7%

How many homes are available in 77345, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
10395-7.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 10
-100.0%
2 47
+75.0%
3 2420
-16.7%
4 6154
-11.5%
5+ 1314
+7.7%

Number of Homes Sold

Oct 2022Nov 2022%
3219-40.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77345, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
15 Days28 Days+92.2%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77345 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 77345, TX

77345, TX has 95 homes on the market. The inventory of homes for sale in 77345, TX between October 2022 and November 2022 decreased by 7.8%. While the average time on the market in November 2022 was 28 days, the median list price was $390,187. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 26.7%, 2 bedrooms properties became 5.4% more cheaper, 3 bedrooms properties became 15.1% more expensive, 4 bedrooms properties prices increased by 13.4%, prices of 5 bedrooms properties increased by 21.7%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 100%, 2 bedrooms homes inventory increased by 75%, volume of 3 bedrooms homes went down by 16.7%, 4 bedrooms homes became 11.5% less available, number of 5 bedrooms homes increased by 7.7%. In November 2022 more than 6 listings in 77345, TX were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 10 were sold below.