Is 77422, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 77422 was a Buyer's Market.
Key Takeaway
77422 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 77422, TX
How much do homes in 77422, TX cost?
Median Sold Price
$202,500
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 77422 have sold for 16% less than they did a year ago.
Summary: The median home sold price in 77422 was $202,500 in April 2024, down 16% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $65K | -31.6% |
| 2 Bedrooms | $159K | $144.7K | -9.0% |
| 3 Bedrooms | $242.2K | $217.5K | -10.2% |
| 4 Bedrooms | $298.1K | $331K | +11.0% |
| 5+ Bedrooms | $466.2K | $290K | -37.8% |
Summary: 77422 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.6%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 37.8%.
Housing Supply in 77422, TX
How many homes are available in 77422, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 74 | +29.8% |
Summary: The 77422 real estate market had 74 homes for sale in April 2024, a 29.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 29 | 34 | +17.2% |
| 4 Bedrooms | 7 | 11 | +57.1% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The 77422 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77422, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 77422 in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for 77422, TX
How long does it take to sell a home in 77422, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 14 Days | 72 Days | +414.3% |
Summary: Homes in 77422 had an average of 72 days on market in Apr 2024, up by 414.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77422 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in 77422; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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