Is 77381, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77381 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77381 has remained a Seller's Market.

Key Takeaway

77381 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77381, TX cost?

Median Sold Price

$415,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$59,635(+16.8%)

Key Takeaway

Homes in 77381 have sold for 16.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $105K$114.5K
+9.0%
2 $177.5K$230K
+29.6%
3 $265K$312K
+17.7%
4 $399.9K$462.2K
+15.6%
5+ $525.7K$670K
+27.4%

Median Sold Price Compared To Nearby Zip Codes

77380
+20.0%
77382
+19.3%
77389
+18.6%
77381
+16.8%
77384
+9.0%

How many homes are available in 77381, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
173159-8.1%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 21
-50.0%
2 97
-22.2%
3 5855
-5.2%
4 7973
-7.6%
5+ 2523
-8.0%

Number of Homes Sold

Sep 2021Oct 2021%
6765-3.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77381, you could pay more than the asking price. 47.7% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
28 Days11 Days-57.9%

Breakdown of Home Sale Times

58 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77381 are selling fast, if you're buying plan to act quickly.

About 77381, TX

Homes for sale in 77381, TX have reached 159. The number of listings in 77381, TX decreased by 8.1% between September 2021 and October 2021. Listings spent 11 days on the market in October 2021, and had a median list price of $415,000 during the same period. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties became 9% more expensive, 2 bedrooms properties became 29.6% more expensive, prices of 3 bedrooms properties increased by 17.7%, the cost of 4 bedrooms properties went up by 15.6%, the cost of 5 bedrooms properties went up by 27.4%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 50% less available, number of 2 bedrooms homes decreased by 22.2%, number of 3 bedrooms homes decreased by 5.2%, the quantity of 4 bedrooms homes went down by 7.6%, number of 5 bedrooms homes decreased by 8%. In October 2021, from all listings sold in 77381, TX there were more than 31 sold above asking price, over 22 sold below and more than 12 were sold right at the asked price.