Is 77346, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 77346 was a Seller's Market.
Housing Prices in 77346, TX
How much do homes in 77346, TX cost?
Median Sold Price
$330,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77346 was $330,000 in April 2024, up 2.8% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235.4K | $195.5K | -16.9% |
3 Bedrooms | $279.9K | $277.2K | -1.0% |
4 Bedrooms | $349.4K | $349.9K | 0.2% |
5+ Bedrooms | $435K | $485K | +11.5% |
Summary: 77346 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in 77346, TX
How many homes are available in 77346, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
375 | 455 | +21.3% |
Summary: The 77346 real estate market had 455 homes for sale in April 2024, a 21.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 130 | 162 | +24.6% |
4 Bedrooms | 201 | 242 | +20.4% |
5+ Bedrooms | 40 | 48 | +20.0% |
Summary: The 77346 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 76 | -14.6% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 76 homes were sold or pending in 77346 in April 2024, down by 14.6% month-over-month. Of the 76 sold homes, 70% were sold under asking, 20% were sold at asking, and 11% were sold over asking.
Days on Market for 77346, TX
How long does it take to sell a home in 77346, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 53 Days | 0.1% |
Summary: Homes in 77346 had an average of 53 days on market in Apr 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 76 homes were sold in 77346; 53% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.