Is 77377, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77377 has remained a Seller's Market.
Housing Prices in 77377, TX
How much do homes in 77377, TX cost?
Median Sold Price
$402,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77377 was $402,500 in March 2024, up 1.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $323K | +40.4% |
3 Bedrooms | $330K | $330K | 0.0% |
4 Bedrooms | $429K | $438.9K | +2.3% |
5+ Bedrooms | $537.5K | $587K | +9.2% |
Summary: 77377 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 increased by 40.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 9.2%.
Housing Supply in 77377, TX
How many homes are available in 77377, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
151 | 171 | +13.2% |
Summary: The 77377 real estate market had 171 homes for sale in March 2024, a 13.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 56 | 62 | +10.7% |
4 Bedrooms | 71 | 83 | +16.9% |
5+ Bedrooms | 22 | 26 | +18.2% |
Summary: The 77377 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 decreased by 100%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 37 | -2.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in 77377 in March 2024, down by 2.6% month-over-month. Of the 37 sold homes, 62% were sold under asking, 32% were sold at asking, and 5% were sold over asking.
Days on Market for 77377, TX
How long does it take to sell a home in 77377, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 41 Days | -33.8% |
Summary: Homes in 77377 had an average of 41 days on market in Mar 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 37 homes were sold in 77377; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.