Is 77372, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77372 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77372 was a Seller's Market.

Key Takeaway

77372 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77372, TX cost?

Median Sold Price

$293,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$22,000(-7.0%)

Key Takeaway

Homes in 77372 have sold for 7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$122.5K
N/A
2 $120K$179K
+49.2%
3 $223K$250K
+12.1%
4 $400K$495K
+23.8%
5+ $415.9K$670K
+61.1%

Median Sold Price Compared To Nearby Zip Codes

77357
+14.9%
77306
+10.7%
77327
+6.6%
77328
-1.1%
77372
-7.0%

How many homes are available in 77372, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
5760+5.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 34
+33.3%
3 2831
+10.7%
4 2018
-10.0%
5+ 45
+25.0%

Number of Homes Sold

Oct 2022Nov 2022%
136-53.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77372, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
35 Days75 Days+115.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 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 77372 has remained consistent over time.

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

About 77372, TX

There are 60 homes are for sale in 77372, TX real estate market. The number of listings in 77372, TX increased by 5.3% between October 2022 and November 2022. While the average time on the market in November 2022 was 75 days, the median list price was $293,000. Real estate listing prices changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 49.2% more expensive, the cost of 3 bedrooms properties went up by 12.1%, prices of 4 bedrooms properties increased by 23.8%, 5 bedrooms properties prices increased by 61.1%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went up by 33.3%, 3 bedrooms homes inventory increased by 10.7%, number of 4 bedrooms homes decreased by 10%, number of 5 bedrooms homes increased by 25%. Over 0 listings were sold over their listed price in November 2022 in 77372, TX. In the same period over 4 listings were sold below the listed price and 2 listings were sold for the listed price.