Is 77365, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77365 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77365 was a Seller's Market.

Key Takeaway

77365 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77365, TX cost?

Median Sold Price

$321,800

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$41,800(+14.9%)

Key Takeaway

Homes in 77365 have sold for 14.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $185K$182.5K
-1.4%
2 $161.5K$198.5K
+22.9%
3 $245.5K$279K
+13.6%
4 $300K$347.5K
+15.8%
5+ $425.5K$491K
+15.4%

Median Sold Price Compared To Nearby Zip Codes

77365
+14.9%
77357
+14.9%
77345
+14.6%
77339
+14.2%
77386
+13.8%

How many homes are available in 77365, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
152142-6.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 21
-50.0%
2 45
+25.0%
3 5951
-13.6%
4 7368
-6.8%
5+ 1417
+21.4%

Number of Homes Sold

Oct 2022Nov 2022%
4816-66.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77365, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
35 Days54 Days+54.1%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77365 has remained consistent over time.

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

About 77365, TX

Number of homes for sale in 77365, TX real estate market have reached 142. In November 2022 in 77365, TX there were 6.6% less homes for sale than in October 2022. In November 2022 median list price was $321,800 and the average listing age was 54 days. This housing market listing prices have changed between October 2022 and November 2022: the cost of 1 bedroom properties went down by 1.4%, prices of 2 bedrooms properties increased by 22.9%, 3 bedrooms properties became 13.6% more expensive, 4 bedrooms properties became 15.8% more expensive, the cost of 5 bedrooms properties went up by 15.4%. Volume of homes for sale changed: number of 1 bedroom homes decreased by 50%, the quantity of 2 bedrooms homes went up by 25%, 3 bedrooms homes inventory decreased by 13.6%, 4 bedrooms homes became 6.8% less available, number of 5 bedrooms homes increased by 21.4%. In November 2022 more than 1 listings in 77365, TX were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 10 were sold below.