Is 77372, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 77372 was a Neutral Market.
Housing Prices in 77372, TX
How much do homes in 77372, TX cost?
Median Sold Price
$279,990
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 77372 was $279,990 in February 2024, down 4.4% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | - | N/A |
2 Bedrooms | $194.4K | $172.5K | -11.3% |
3 Bedrooms | $250K | $264.9K | +6.0% |
4 Bedrooms | $425K | $310K | -27.1% |
5+ Bedrooms | $450K | $294.2K | -34.6% |
Summary: 77372 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes decreased by 34.6%.
Housing Supply in 77372, TX
How many homes are available in 77372, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
62 | 77 | +24.2% |
Summary: The 77372 real estate market had 77 homes for sale in February 2024, a 24.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 22 | 33 | +50.0% |
4 Bedrooms | 26 | 27 | +3.8% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 77372 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 77372 in February 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for 77372, TX
How long does it take to sell a home in 77372, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
87 Days | 50 Days | -42.8% |
Summary: Homes in 77372 had an average of 50 days on market in Feb 2024, down by 42.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in 77372; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.