Is 77379, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77379 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77379 has remained a Seller's Market.

Key Takeaway

77379 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77379, TX cost?

Median Sold Price

$315,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$47,900(+17.9%)

Key Takeaway

Homes in 77379 have sold for 17.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $63.2K$103K
+62.8%
2 $182K$183K
0.5%
3 $208.5K$242.2K
+16.2%
4 $284.1K$325K
+14.4%
5+ $361.6K$406.6K
+12.5%

Median Sold Price Compared To Nearby Zip Codes

77069
+19.4%
77379
+17.9%
77388
+16.5%
77068
+14.9%
77070
+13.3%

How many homes are available in 77379, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
377341-9.5%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 10
-100.0%
2 74
-42.9%
3 10095
-5.0%
4 208181
-13.0%
5+ 6161
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
15496-37.7%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

43 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77379, you could pay more than the asking price. 45.3% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
27 Days19 Days-30.6%

Breakdown of Home Sale Times

77 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77379 are selling fast, if you're buying plan to act quickly.

About 77379, TX

77379, TX has 341 homes on the market. The inventory of homes for sale in 77379, TX between September 2021 and October 2021 decreased by 9.5%. Listings spent 19 days on the market in October 2021, and had a median list price of $315,000 during the same period. Real estate listing prices changed between September 2021 and October 2021: prices of 1 bedroom properties went up by 62.8%, 2 bedrooms properties prices increased by 0.5%, 3 bedrooms properties became 16.2% more expensive, the cost of 4 bedrooms properties went up by 14.4%, prices of 5 bedrooms properties increased by 12.5%. Volume of homes for sale changed: number of 1 bedroom homes decreased by 100%, the quantity of 2 bedrooms homes went down by 42.9%, 3 bedrooms homes inventory decreased by 5%, 4 bedrooms homes became 13% less available, volume of 5 bedrooms homes stayed the same. While more than 43 listings in 77379, TX in October 2021 were sold above asking price, there were more than 21 listings sold at asking price, and more than 31 were sold below.