Is 77375, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77375 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77375 has remained a Seller's Market.

Key Takeaway

77375 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77375, TX cost?

Median Sold Price

$290,898

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$25,996(+9.8%)

Key Takeaway

Homes in 77375 have sold for 9.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $182.4K$205.7K
+12.8%
3 $215K$247.5K
+15.1%
4 $294.8K$322.8K
+9.5%
5+ $464.6K$490K
+5.4%

Median Sold Price Compared To Nearby Zip Codes

77379
+18.6%
77377
+18.0%
77389
+18.0%
77375
+9.8%
77362
+4.7%

How many homes are available in 77375, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
260259-0.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 11
0.0%
2 45
+25.0%
3 101108
+6.9%
4 127120
-5.5%
5+ 2725
-7.4%

Number of Homes Sold

Oct 2021Nov 2021%
9183-8.8%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77375, you could pay more than the asking price. 50.6% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
34 Days12 Days-62.9%

Breakdown of Home Sale Times

73 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77375 are selling fast, if you're buying plan to act quickly.

About 77375, TX

Number of homes for sale in 77375, TX real estate market have reached 259. In November 2021 in 77375, TX there were 0.4% less homes for sale than in October 2021. The median list price of listings available in November 2021 was $290,898, while the average time on the real estate market was 12 days. Listing prices have changed in this real estate market between October 2021 and November 2021: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 12.8%, 3 bedrooms properties became 15.1% more expensive, prices of 4 bedrooms properties went up by 9.5%, prices of 5 bedrooms properties went up by 5.4%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 25%, 3 bedrooms homes became 6.9% more available, volume of 4 bedrooms homes went down by 5.5%, 5 bedrooms homes inventory decreased by 7.4%. In November 2021, from all listings sold in 77375, TX there were more than 42 sold above asking price, over 26 sold below and more than 15 were sold right at the asked price.