Is 77437, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77437 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77437 has remained a Seller's Market.

Key Takeaway

77437 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77437, TX cost?

Median Sold Price

$180,000

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$11,570(+6.9%)

Key Takeaway

Homes in 77437 have sold for 6.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $72.5K$50K
-31.0%
2 $98K$96K
-2.0%
3 $172K$191K
+11.0%
4 $315.4K$264K
-16.3%
5+ $404K$305K
-24.5%

Median Sold Price Compared To Nearby Zip Codes

77488
+14.2%
77437
+6.9%

How many homes are available in 77437, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
6863-7.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 21
-50.0%
2 911
+22.2%
3 4436
-18.2%
4 911
+22.2%
5+ 44
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
12120.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77437, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
86 Days62 Days-27.8%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77437 are selling fast, if you're buying plan to act quickly.

About 77437, TX

77437, TX has 63 homes on the market. Between October 2021 and November 2021, 77437, TX real estate market has seen decrease in the number of listings by 7.4%. In November 2021, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $180,000. Between October 2021 and November 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 31% more cheaper, prices of 2 bedrooms properties went down by 2%, 3 bedrooms properties became 11% more expensive, prices of 4 bedrooms properties decreased by 16.3%, 5 bedrooms properties became 24.5% more cheaper. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 50%, volume of 2 bedrooms homes went up by 22.2%, volume of 3 bedrooms homes went down by 18.2%, the quantity of 4 bedrooms homes went up by 22.2%, the quantity of 5 bedrooms homes have not changed. Over 4 listings were sold over their listed price in November 2021 in 77437, TX. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price.