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 October 2020

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

$340,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$51,000(+17.6%)

Key Takeaway

Homes in 77345 have sold for 17.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $115.7K$120K
+3.7%
2 $180K$205K
+13.9%
3 $225K$270K
+20.0%
4 $294.9K$345K
+17.0%
5+ $397.5K$457.5K
+15.1%

Median Sold Price Compared To Nearby Zip Codes

77345
+17.6%
77339
+15.4%
77365
+13.7%
77346
+13.3%
77336
-10.0%

How many homes are available in 77345, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
132101-23.5%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 10
-100.0%
2 54
-20.0%
3 2521
-16.0%
4 6748
-28.4%
5+ 3428
-17.6%

Number of Homes Sold

Sep 2021Oct 2021%
5039-22.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

12 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. 41% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
44 Days18 Days-59.2%

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

7 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.

About 77345, TX

There are 101 homes are for sale in 77345, TX real estate market. In October 2021 in 77345, TX there were 23.5% less homes for sale than in September 2021. In October 2021 median list price was $340,000 and the average listing age was 18 days. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 3.7%, prices of 2 bedrooms properties increased by 13.9%, the cost of 3 bedrooms properties went up by 20%, the cost of 4 bedrooms properties went up by 17%, 5 bedrooms properties prices increased by 15.1%. Volume of homes for sale changed: 1 bedroom homes became 100% less available, volume of 2 bedrooms homes went down by 20%, volume of 3 bedrooms homes went down by 16%, 4 bedrooms homes became 28.4% less available, 5 bedrooms homes inventory decreased by 17.6%. In October 2021 more than 12 listings in 77345, TX were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 16 were sold below.