Is 77384, 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, 77384 has remained a Seller's Market.
Housing Prices in 77384, TX
How much do homes in 77384, TX cost?
Median Sold Price
$422,380
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77384 was $422,380 in March 2024, down 6.1% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $346K | $307.5K | -11.1% |
3 Bedrooms | $385K | $365K | -5.2% |
4 Bedrooms | $510K | $441.8K | -13.4% |
5+ Bedrooms | $612.5K | $525K | -14.3% |
Summary: 77384 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 11.1%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes decreased by 14.3%.
Housing Supply in 77384, TX
How many homes are available in 77384, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
109 | 125 | +14.7% |
Summary: The 77384 real estate market had 125 homes for sale in March 2024, a 14.7% 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 | 11 | 11 | 0.0% |
3 Bedrooms | 40 | 40 | 0.0% |
4 Bedrooms | 47 | 56 | +19.1% |
5+ Bedrooms | 11 | 18 | +63.6% |
Summary: The 77384 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 63.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 29 | +3.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 77384 in March 2024, up by 3.6% month-over-month. Of the 29 sold homes, 52% were sold under asking, 21% were sold at asking, and 28% were sold over asking.
Days on Market for 77384, TX
How long does it take to sell a home in 77384, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 40 Days | -21.9% |
Summary: Homes in 77384 had an average of 40 days on market in Mar 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in 77384; 62% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.