Is 77378, 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, 77378 was a Seller's Market.
Housing Prices in 77378, TX
How much do homes in 77378, TX cost?
Median Sold Price
$256,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77378 was $256,000 in March 2024, down 1.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99K | $175K | +76.8% |
2 Bedrooms | $191.2K | $171.4K | -10.4% |
3 Bedrooms | $253.5K | $246K | -3.0% |
4 Bedrooms | $297.2K | $270K | -9.2% |
5+ Bedrooms | $300K | $620K | +106.6% |
Summary: 77378 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.8%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 106.6%.
Housing Supply in 77378, TX
How many homes are available in 77378, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
94 | 117 | +24.5% |
Summary: The 77378 real estate market had 117 homes for sale in March 2024, a 24.5% 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 | 8 | 11 | +37.5% |
3 Bedrooms | 54 | 66 | +22.2% |
4 Bedrooms | 25 | 32 | +28.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 77378 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 37.5%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 77378 in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 77378, TX
How long does it take to sell a home in 77378, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 49 Days | +54.3% |
Summary: Homes in 77378 had an average of 49 days on market in Mar 2024, up by 54.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 77378; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.