Is 77362, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77362 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77362 has remained a Seller's Market.

Key Takeaway

77362 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77362, TX cost?

Median Sold Price

$395,500

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$41,750(+11.8%)

Key Takeaway

Homes in 77362 have sold for 11.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 -$460K
N/A
2 --
N/A
3 $222K$255K
+14.9%
4 $393K$468.7K
+19.3%
5+ $495K$531K
+7.3%

Median Sold Price Compared To Nearby Zip Codes

77354
+13.7%
77362
+11.8%
77375
+9.5%
77355
-7.3%

How many homes are available in 77362, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
3532-8.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 11
0.0%
3 119
-18.2%
4 1614
-12.5%
5+ 78
+14.3%

Number of Homes Sold

Sep 2021Oct 2021%
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77362, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
52 Days15 Days-70.8%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77362 are selling fast, if you're buying plan to act quickly.

About 77362, TX

There are 32 homes are for sale in 77362, TX real estate market. The number of listings in 77362, TX decreased by 8.6% between September 2021 and October 2021. In October 2021, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $395,500. From September 2021 through October 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices increased by 14.9%, 4 bedrooms properties became 19.3% more expensive, 5 bedrooms properties became 7.3% more expensive. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes decreased by 18.2%, 4 bedrooms homes inventory decreased by 12.5%, the quantity of 5 bedrooms homes went up by 14.3%. Over 2 listings were sold over their listed price in October 2021 in 77362, TX. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price.