Is 77378, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77378 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77378 has remained a Seller's Market.

Key Takeaway

77378 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77378, TX cost?

Median Sold Price

$218,250

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$24,712(+12.8%)

Key Takeaway

Homes in 77378 have sold for 12.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $84.5K$60K
-29.0%
2 $138K$137.5K
-0.4%
3 $180.7K$209K
+15.6%
4 $267.5K$274K
+2.4%
5+ $415K$470.5K
+13.4%

Median Sold Price Compared To Nearby Zip Codes

77303
+18.3%
77358
+14.3%
77378
+12.8%
77328
+11.6%
77318
+5.5%

How many homes are available in 77378, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
5759+3.5%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 54
-20.0%
3 3230
-6.3%
4 1620
+25.0%
5+ 45
+25.0%

Number of Homes Sold

Oct 2021Nov 2021%
1015+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77378, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Average Sale Time

Nov 2020Nov 2021%
33 Days18 Days-44.0%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77378 are selling fast, if you're buying plan to act quickly.

About 77378, TX

77378, TX has 59 homes on the market. The inventory of homes for sale in 77378, TX between October 2021 and November 2021 increased by 3.5%. While the average time on the market in November 2021 was 18 days, the median list price was $218,250. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 29%, prices of 2 bedrooms properties decreased by 0.4%, the cost of 3 bedrooms properties went up by 15.6%, the cost of 4 bedrooms properties went up by 2.4%, 5 bedrooms properties became 13.4% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 20%, the quantity of 3 bedrooms homes went down by 6.3%, volume of 4 bedrooms homes went up by 25%, 5 bedrooms homes became 25% more available. 77378, TX housing market in November 2021 saw over 4 listings sold above listed price, more than 6 sold at listed price and over 5 sold below.