Is 77360, 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, 77360 was a Seller's Market.
Housing Prices in 77360, TX
How much do homes in 77360, TX cost?
Median Sold Price
$255,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77360 was $255,000 in March 2024, up 20.7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $46.3K | -28.7% |
2 Bedrooms | $114.2K | $195K | +70.7% |
3 Bedrooms | $245K | $260K | +6.1% |
4 Bedrooms | $279.9K | $390.5K | +39.5% |
5+ Bedrooms | $261.5K | - | N/A |
Summary: 77360 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.7%, 2 bedroom homes increased by 70.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes did not change.
Housing Supply in 77360, TX
How many homes are available in 77360, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 78 | +18.2% |
Summary: The 77360 real estate market had 78 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 13 | -7.1% |
3 Bedrooms | 41 | 52 | +26.8% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 77360 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 26.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 77360 in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 77360, TX
How long does it take to sell a home in 77360, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
138 Days | 42 Days | -69.4% |
Summary: Homes in 77360 had an average of 42 days on market in Mar 2024, down by 69.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in 77360; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.