Is 77371, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, 77371 has remained a Seller's Market.
Key Takeaway
77371 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77371, TX
How much do homes in 77371, TX cost?
Median Sold Price
$185,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in 77371 have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in 77371 was $185,000 in June 2024, down 7.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $250K | -13.8% |
| 2 Bedrooms | $135K | $130K | -3.7% |
| 3 Bedrooms | $200.4K | $192.5K | -4.0% |
| 4 Bedrooms | $241.5K | $360K | +49.1% |
| 5+ Bedrooms | $875K | $310K | -64.6% |
Summary: 77371 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 49.1%, and 5+ bedroom homes decreased by 64.6%.
Housing Supply in 77371, TX
How many homes are available in 77371, TX?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 22 | 29 | +31.8% |
Summary: The 77371 real estate market had 29 homes for sale in June 2024, a 31.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 77371 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77371, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 77371 in June 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for 77371, TX
How long does it take to sell a home in 77371, TX?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 13 Days | 91 Days | +579.1% |
Summary: Homes in 77371 had an average of 91 days on market in Jun 2024, up by 579.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77371 has remained consistent over time.
Summary: During June 2024, 5 homes were sold in 77371; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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