Is 77360, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77360 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 77360 was a Seller's Market.

Key Takeaway

77360 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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

+$43,750(+20.7%)

Key Takeaway

Homes in 77360 have sold for 20.7% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $65K$46.3K
-28.7%
2 $114.2K$195K
+70.7%
3 $245K$260K
+6.1%
4 $279.9K$390.5K
+39.5%
5+ $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.

Median Sold Price Compared To Nearby Zip Codes

77360
+20.7%
77364
+14.8%
75845
+13.6%
77351
+7.2%
75862
-7.7%

Housing Supply in 77360, TX

How many homes are available in 77360, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6678+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

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1413
-7.1%
3 4152
+26.8%
4 57
+40.0%
5+ 44
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 2024Mar 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77360, you may be able to get a good deal. 80% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
138 Days42 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77360 are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 77360, TX

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