Is 77418, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77418 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77418 has remained a Seller's Market.

Key Takeaway

77418 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77418, TX cost?

Median Sold Price

$394,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$109,000(+38.2%)

Key Takeaway

Homes in 77418 have sold for 38.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$255K
N/A
2 $233.5K$230K
-1.5%
3 $245K$387K
+58.0%
4 $480K$574K
+19.6%
5+ $357.5K$568K
+58.9%

Median Sold Price Compared To Nearby Zip Codes

77418
+38.2%
77445
+7.6%

How many homes are available in 77418, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
3531-11.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 22
0.0%
2 76
-14.3%
3 1816
-11.1%
4 87
-12.5%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
990.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77418, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
137 Days38 Days-71.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77418 are selling fast, if you're buying plan to act quickly.

About 77418, TX

77418, TX has 31 homes on the market. In November 2021 in 77418, TX there were 11.4% less homes for sale than in October 2021. While the average time on the market in November 2021 was 38 days, the median list price was $394,000. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 1.5%, the cost of 3 bedrooms properties went up by 58%, 4 bedrooms properties became 19.6% more expensive, 5 bedrooms properties became 58.9% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 14.3%, 3 bedrooms homes inventory decreased by 11.1%, 4 bedrooms homes inventory decreased by 12.5%, 5 bedrooms homes inventory did not change. In November 2021, from all listings sold in 77418, TX there were more than 0 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price.