Is 77355, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 77355 was a Seller's Market.
Housing Prices in 77355, TX
How much do homes in 77355, TX cost?
Median Sold Price
$356,987
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 77355 was $356,987 in February 2024, down 6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $565K | +707.1% |
2 Bedrooms | $290K | $310K | +6.9% |
3 Bedrooms | $340K | $309.4K | -9.0% |
4 Bedrooms | $473.5K | $515K | +8.8% |
5+ Bedrooms | $775K | $687.5K | -11.3% |
Summary: 77355 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 707.1%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 11.3%.
Housing Supply in 77355, TX
How many homes are available in 77355, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
108 | 126 | +16.7% |
Summary: The 77355 real estate market had 126 homes for sale in February 2024, a 16.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 50 | 59 | +18.0% |
4 Bedrooms | 45 | 52 | +15.6% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 77355 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 77355 in February 2024, up by 50.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.
Days on Market for 77355, TX
How long does it take to sell a home in 77355, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
44 Days | 51 Days | +16.3% |
Summary: Homes in 77355 had an average of 51 days on market in Feb 2024, up by 16.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 18 homes were sold in 77355; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.