Is 77357, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77357 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77357 was a Seller's Market.

Key Takeaway

77357 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77357, TX cost?

Median Sold Price

$314,956

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$40,961(+14.9%)

Key Takeaway

Homes in 77357 have sold for 14.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $180K$80K
-55.6%
2 $150K$190K
+26.7%
3 $237.5K$282K
+18.7%
4 $329.6K$349.9K
+6.1%
5+ $412.5K$396.3K
-3.9%

Median Sold Price Compared To Nearby Zip Codes

77336
+46.1%
77357
+14.9%
77365
+14.9%
77306
+10.7%
77372
-7.0%

How many homes are available in 77357, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
118121+2.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 21
-50.0%
3 4851
+6.3%
4 5758
+1.8%
5+ 99
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
2017-15.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77357, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
20 Days53 Days+157.6%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77357 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 77357, TX

Number of homes for sale in 77357, TX real estate market have reached 121. Between October 2022 and November 2022, 77357, TX real estate market has seen increase in the number of listings by 2.5%. The median list price of listings available in November 2022 was $314,956, while the average time on the real estate market was 53 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 55.6%, 2 bedrooms properties prices increased by 26.7%, 3 bedrooms properties prices increased by 18.7%, prices of 4 bedrooms properties increased by 6.1%, 5 bedrooms properties became 3.9% more cheaper. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 50% less available, 3 bedrooms homes became 6.3% more available, number of 4 bedrooms homes increased by 1.8%, the quantity of 5 bedrooms homes have not changed. In November 2022, from all listings sold in 77357, TX there were more than 2 sold above asking price, over 11 sold below and more than 4 were sold right at the asked price.