Is 77363, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77363 has remained a Buyer's Market.
Housing Prices in 77363, TX
How much do homes in 77363, TX cost?
Median Sold Price
$620,320
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77363 was $620,320 in March 2024, up 52.6% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $168.5K | +60.5% |
2 Bedrooms | $249K | $310K | +24.5% |
3 Bedrooms | $360.7K | $610K | +69.1% |
4 Bedrooms | $640K | $679K | +6.1% |
5+ Bedrooms | - | $1.0M | N/A |
Summary: 77363 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.5%, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 69.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes did not change.
Housing Supply in 77363, TX
How many homes are available in 77363, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 37 | -2.6% |
Summary: The 77363 real estate market had 37 homes for sale in March 2024, a 2.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 18 | 15 | -16.7% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 77363 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 77363 in March 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 77363, TX
How long does it take to sell a home in 77363, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
95 Days | 44 Days | -53.7% |
Summary: Homes in 77363 had an average of 44 days on market in Mar 2024, down by 53.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 77363; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.