Is 77429, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77429 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77429 has remained a Seller's Market.

Key Takeaway

77429 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77429, TX cost?

Median Sold Price

$322,297

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$42,601(+15.2%)

Key Takeaway

Homes in 77429 have sold for 15.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $77.5K$95.5K
+23.2%
2 $140K$193K
+37.9%
3 $224.9K$269.7K
+20.0%
4 $309.3K$342.5K
+10.8%
5+ $385K$450K
+16.9%

Median Sold Price Compared To Nearby Zip Codes

77377
+17.8%
77433
+16.0%
77429
+15.2%
77070
+13.3%
77065
+9.7%

How many homes are available in 77429, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
396348-12.1%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 56
+20.0%
3 10985
-22.0%
4 212195
-8.0%
5+ 7062
-11.4%

Number of Homes Sold

Sep 2021Oct 2021%
147138-6.1%

Asking Price vs. Sold Price

60 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

51 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77429, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
20 Days21 Days+6.4%

Breakdown of Home Sale Times

104 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77429 are selling fast, if you're buying plan to act quickly.

About 77429, TX

77429, TX has 348 homes on the market. The number of homes for sale in 77429, TX decreased by 12.1% between September 2021 and October 2021. While the average time on the market in October 2021 was 21 days, the median list price was $322,297. This housing market listing prices have changed between September 2021 and October 2021: prices of 1 bedroom properties increased by 23.2%, 2 bedrooms properties became 37.9% more expensive, prices of 3 bedrooms properties increased by 20%, the cost of 4 bedrooms properties went up by 10.8%, 5 bedrooms properties prices increased by 16.9%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went up by 20%, 3 bedrooms homes inventory decreased by 22%, 4 bedrooms homes became 8% less available, volume of 5 bedrooms homes went down by 11.4%. While more than 51 listings in 77429, TX in October 2021 were sold above asking price, there were more than 27 listings sold at asking price, and more than 60 were sold below.