Is 77373, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77373 was a Seller's Market.
Key Takeaway
77373 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 77373, TX
How much do homes in 77373, TX cost?
Median Sold Price
$250,000
$137/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in 77373 has remained the same since last year.
Summary: The median home sold price in 77373 was $250,000 in March 2024, the same as last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $156.5K | N/A |
| 2 Bedrooms | $179.5K | $170K | -5.3% |
| 3 Bedrooms | $231K | $233.3K | +1.0% |
| 4 Bedrooms | $281.7K | $277.7K | -1.4% |
| 5+ Bedrooms | $400K | $370.3K | -7.4% |
Summary: 77373 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 7.4%.
Housing Supply in 77373, TX
How many homes are available in 77373, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 273 | 343 | +25.6% |
Summary: The 77373 real estate market had 343 homes for sale in March 2024, a 25.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 137 | 172 | +25.5% |
| 4 Bedrooms | 105 | 135 | +28.6% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The 77373 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 57 | +1.8% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77373, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in 77373 in March 2024, up by 1.8% month-over-month. Of the 57 sold homes, 53% were sold under asking, 26% were sold at asking, and 21% were sold over asking.
Days on Market for 77373, TX
How long does it take to sell a home in 77373, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 49 Days | -2.1% |
Summary: Homes in 77373 had an average of 49 days on market in Mar 2024, down by 2.1% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77373 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 57 homes were sold in 77373; 56% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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