Is 77355, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77355 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77355 was a Seller's Market.

Key Takeaway

77355 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77355, TX cost?

Median Sold Price

$392,500

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$42,875(+12.3%)

Key Takeaway

Homes in 77355 have sold for 12.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$70K
N/A
2 $201K$320K
+59.2%
3 $275.9K$332.5K
+20.5%
4 $447.5K$513K
+14.6%
5+ $718.5K$775K
+7.9%

Median Sold Price Compared To Nearby Zip Codes

77354
+21.0%
77377
+16.3%
77355
+12.3%
77447
+11.3%
77362
-7.5%

How many homes are available in 77355, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
112115+2.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 24
+100.0%
3 4751
+8.5%
4 5047
-6.0%
5+ 1313
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
2815-46.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77355, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days35 Days+49.2%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77355 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 77355, TX

There are 115 homes are for sale in 77355, TX real estate market. The number of homes for sale in 77355, TX increased by 2.7% between October 2022 and November 2022. While the average time on the market in November 2022 was 35 days, the median list price was $392,500. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 59.2%, prices of 3 bedrooms properties went up by 20.5%, 4 bedrooms properties prices increased by 14.6%, prices of 5 bedrooms properties went up by 7.9%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 100%, the quantity of 3 bedrooms homes went up by 8.5%, the quantity of 4 bedrooms homes went down by 6%, the quantity of 5 bedrooms homes have not changed. In November 2022 more than 1 listings in 77355, TX were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 10 were sold below.