Is 77381, 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, 77381 has remained a Seller's Market.
Housing Prices in 77381, TX
How much do homes in 77381, TX cost?
Median Sold Price
$525,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77381 was $525,000 in March 2024, up 1.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $154K | $163.5K | +6.2% |
2 Bedrooms | $260K | $295K | +13.5% |
3 Bedrooms | $406K | $390K | -3.9% |
4 Bedrooms | $579.7K | $600K | +3.5% |
5+ Bedrooms | $770K | $800K | +3.9% |
Summary: 77381 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 13.5%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in 77381, TX
How many homes are available in 77381, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
121 | 153 | +26.4% |
Summary: The 77381 real estate market had 153 homes for sale in March 2024, a 26.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 41 | 51 | +24.4% |
4 Bedrooms | 58 | 72 | +24.1% |
5+ Bedrooms | 9 | 17 | +88.9% |
Summary: The 77381 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 88.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 41 | +32.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in 77381 in March 2024, up by 32.3% month-over-month. Of the 41 sold homes, 49% were sold under asking, 24% were sold at asking, and 27% were sold over asking.
Days on Market for 77381, TX
How long does it take to sell a home in 77381, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 22 Days | +32.8% |
Summary: Homes in 77381 had an average of 22 days on market in Mar 2024, up by 32.8% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 41 homes were sold in 77381; 78% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.