Is 77377, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77377 is a neutral's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77377 was a Seller's Market.

Key Takeaway

77377 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77377, TX cost?

Median Sold Price

$391,533

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$54,933(+16.3%)

Key Takeaway

Homes in 77377 have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $198.7K$236.2K
+18.9%
3 $277K$321.2K
+16.0%
4 $358K$414.5K
+15.8%
5+ $479.5K$535K
+11.6%

Median Sold Price Compared To Nearby Zip Codes

77433
+19.2%
77377
+16.3%
77429
+15.2%
77375
+13.7%
77355
+12.3%

How many homes are available in 77377, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
120125+4.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 34
+33.3%
3 3233
+3.1%
4 6968
-1.4%
5+ 1620
+25.0%

Number of Homes Sold

Oct 2022Nov 2022%
3719-48.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77377, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days23 Days-1.7%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77377 are selling fast, if you're buying plan to act quickly.

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

About 77377, TX

77377, TX has 125 homes for sale to choose from. The number of listings in 77377, TX increased by 4.2% between October 2022 and November 2022. While the average time on the market in November 2022 was 23 days, the median list price was $391,533. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 18.9%, prices of 3 bedrooms properties increased by 16%, the cost of 4 bedrooms properties went up by 15.8%, the cost of 5 bedrooms properties went up by 11.6%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 33.3%, the quantity of 3 bedrooms homes went up by 3.1%, volume of 4 bedrooms homes went down by 1.4%, volume of 5 bedrooms homes went up by 25%. 77377, TX housing market in November 2022 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 12 sold below.