Is 77356, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77356 was a Seller's Market.
Housing Prices in 77356, TX
How much do homes in 77356, TX cost?
Median Sold Price
$380,937
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77356 was $380,937 in March 2024, up 3.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $175K | +16.7% |
2 Bedrooms | $213.2K | $210K | -1.5% |
3 Bedrooms | $351.1K | $361.4K | +2.9% |
4 Bedrooms | $486.6K | $546K | +12.2% |
5+ Bedrooms | $800.4K | $757.9K | -5.3% |
Summary: 77356 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in 77356, TX
How many homes are available in 77356, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
385 | 481 | +24.9% |
Summary: The 77356 real estate market had 481 homes for sale in March 2024, a 24.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 26 | +13.0% |
2 Bedrooms | 49 | 64 | +30.6% |
3 Bedrooms | 168 | 211 | +25.6% |
4 Bedrooms | 113 | 138 | +22.1% |
5+ Bedrooms | 32 | 42 | +31.3% |
Summary: The 77356 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 30.6%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes increased by 31.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 61 | +7.0% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in 77356 in March 2024, up by 7.0% month-over-month. Of the 61 sold homes, 77% were sold under asking, 10% were sold at asking, and 13% were sold over asking.
Days on Market for 77356, TX
How long does it take to sell a home in 77356, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 57 Days | +25.8% |
Summary: Homes in 77356 had an average of 57 days on market in Mar 2024, up by 25.8% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During March 2024, 61 homes were sold in 77356; 52% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.