Is 77433, 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, 77433 has remained a Seller's Market.
Housing Prices in 77433, TX
How much do homes in 77433, TX cost?
Median Sold Price
$429,769
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77433 was $429,769 in March 2024, down 0.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $295K | $305K | +3.4% |
3 Bedrooms | $335K | $330K | -1.5% |
4 Bedrooms | $460.8K | $470K | +2.0% |
5+ Bedrooms | $700K | $730.1K | +4.3% |
Summary: 77433 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 increased by 3.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in 77433, TX
How many homes are available in 77433, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
428 | 501 | +17.1% |
Summary: The 77433 real estate market had 501 homes for sale in March 2024, a 17.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 146 | 166 | +13.7% |
4 Bedrooms | 204 | 245 | +20.1% |
5+ Bedrooms | 71 | 82 | +15.5% |
Summary: The 77433 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 increased by 16.7%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 15.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
99 | 92 | -7.1% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 92 homes were sold or pending in 77433 in March 2024, down by 7.1% month-over-month. Of the 92 sold homes, 66% were sold under asking, 13% were sold at asking, and 21% were sold over asking.
Days on Market for 77433, TX
How long does it take to sell a home in 77433, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 45 Days | -18.5% |
Summary: Homes in 77433 had an average of 45 days on market in Mar 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During March 2024, 92 homes were sold in 77433; 52% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.