Is 77380, 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, 77380 has remained a Seller's Market.
Housing Prices in 77380, TX
How much do homes in 77380, TX cost?
Median Sold Price
$428,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77380 was $428,000 in March 2024, up 7% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $750K | N/A |
2 Bedrooms | $640K | $276.1K | -56.9% |
3 Bedrooms | $325K | $354K | +8.9% |
4 Bedrooms | $469K | $581.5K | +24.0% |
5+ Bedrooms | $900K | $1.1M | +22.2% |
Summary: 77380 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 decreased by 56.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 22.2%.
Housing Supply in 77380, TX
How many homes are available in 77380, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
101 | 114 | +12.9% |
Summary: The 77380 real estate market had 114 homes for sale in March 2024, a 12.9% 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 | 6 | 8 | +33.3% |
3 Bedrooms | 53 | 49 | -7.5% |
4 Bedrooms | 30 | 41 | +36.7% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The 77380 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 33.3%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 27 | +22.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 77380 in March 2024, up by 22.7% month-over-month. Of the 27 sold homes, 63% were sold under asking, 22% were sold at asking, and 15% were sold over asking.
Days on Market for 77380, TX
How long does it take to sell a home in 77380, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 22 Days | -20.9% |
Summary: Homes in 77380 had an average of 22 days on market in Mar 2024, down by 20.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 77380; 67% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.