Is 77354, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77354 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77354 has remained a Seller's Market.

Key Takeaway

77354 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77354, TX cost?

Median Sold Price

$380,600

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$49,409(+14.9%)

Key Takeaway

Homes in 77354 have sold for 14.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $300K-
N/A
2 $352.2K$342.5K
-2.8%
3 $259.9K$304.8K
+17.3%
4 $361.9K$433.6K
+19.8%
5+ $479.9K$630.5K
+31.4%

Median Sold Price Compared To Nearby Zip Codes

77382
+20.5%
77354
+14.9%
77316
+8.4%
77362
+4.7%
77355
-7.9%

How many homes are available in 77354, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
235193-17.9%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 56
+20.0%
3 7263
-12.5%
4 11987
-26.9%
5+ 3937
-5.1%

Number of Homes Sold

Oct 2021Nov 2021%
6956-18.8%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77354, you could pay more than the asking price. 41.1% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
34 Days27 Days-20.6%

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77354 are selling fast, if you're buying plan to act quickly.

About 77354, TX

There are 193 homes are for sale in 77354, TX real estate market. Between October 2021 and November 2021, 77354, TX real estate market has seen decrease in the number of listings by 17.9%. Listings spent 27 days on the market in November 2021, and had a median list price of $380,600 during the same period. Listing prices have changed in this real estate market between October 2021 and November 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices decreased by 2.8%, 3 bedrooms properties prices increased by 17.3%, prices of 4 bedrooms properties went up by 19.8%, the cost of 5 bedrooms properties went up by 31.4%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 20%, number of 3 bedrooms homes decreased by 12.5%, 4 bedrooms homes inventory decreased by 26.9%, the quantity of 5 bedrooms homes went down by 5.1%. Over 23 listings were sold over their listed price in November 2021 in 77354, TX. In the same period over 21 listings were sold below the listed price and 12 listings were sold for the listed price.