Is 77396, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77396 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77396 has remained a Seller's Market.

Key Takeaway

77396 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77396, TX cost?

Median Sold Price

$252,862

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$24,791(+10.9%)

Key Takeaway

Homes in 77396 have sold for 10.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $808K-
N/A
2 $159K$186K
+17.0%
3 $195.9K$223.7K
+14.1%
4 $258.3K$301.4K
+16.7%
5+ $335K$368.5K
+10.0%

Median Sold Price Compared To Nearby Zip Codes

77338
+19.1%
77396
+10.9%
77039
+1.7%

How many homes are available in 77396, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
233177-24.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 95
-44.4%
3 8063
-21.3%
4 11990
-24.4%
5+ 2519
-24.0%

Number of Homes Sold

Oct 2021Nov 2021%
8455-34.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77396, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
35 Days28 Days-20.2%

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77396 are selling fast, if you're buying plan to act quickly.

About 77396, TX

There are 177 homes are for sale in 77396, TX real estate market. The inventory of homes for sale in 77396, TX between October 2021 and November 2021 decreased by 24%. In November 2021 median list price was $252,862 and the average listing age was 28 days. Real estate listing prices changed between October 2021 and November 2021: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 17% more expensive, 3 bedrooms properties prices increased by 14.1%, the cost of 4 bedrooms properties went up by 16.7%, prices of 5 bedrooms properties went up by 10%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 44.4%, volume of 3 bedrooms homes went down by 21.3%, volume of 4 bedrooms homes went down by 24.4%, number of 5 bedrooms homes decreased by 24%. In November 2021, from all listings sold in 77396, TX there were more than 24 sold above asking price, over 21 sold below and more than 9 were sold right at the asked price.