Is 77433, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77433 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 77433 has remained a Seller's Market.

Key Takeaway

77433 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$2,739(-0.6%)

Key Takeaway

Homes in 77433 have sold for 0.6% less than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $295K$305K
+3.4%
3 $335K$330K
-1.5%
4 $460.8K$470K
+2.0%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

77377
+1.9%
77429
0.1%
77449
-0.4%
77433
-0.6%
77095
-1.2%

Housing Supply in 77433, TX

How many homes are available in 77433, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
428501+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

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 146166
+13.7%
4 204245
+20.1%
5+ 7182
+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 2024Mar 2024CHANGE
9992-7.1%

Asking Price vs. Sold Price

61 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77433, you may be able to get a good deal. 66.3% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
56 Days45 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77433 are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 77433, TX

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