Is 77441, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 77441 was a Seller's Market.
Housing Prices in 77441, TX
How much do homes in 77441, TX cost?
Median Sold Price
$549,840
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 77441 was $549,840 in February 2024, down 9.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $387.7K | $393.5K | +1.5% |
3 Bedrooms | $487K | $410K | -15.8% |
4 Bedrooms | $601K | $542.2K | -9.8% |
5+ Bedrooms | $875K | $797.5K | -8.9% |
Summary: 77441 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 8.9%.
Housing Supply in 77441, TX
How many homes are available in 77441, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
168 | 179 | +6.5% |
Summary: The 77441 real estate market had 179 homes for sale in February 2024, a 6.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 17 | +41.7% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 87 | 89 | +2.3% |
5+ Bedrooms | 38 | 40 | +5.3% |
Summary: The 77441 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
36 | 23 | -36.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 77441 in February 2024, down by 36.1% month-over-month. Of the 23 sold homes, 57% were sold under asking, 35% were sold at asking, and 9% were sold over asking.
Days on Market for 77441, TX
How long does it take to sell a home in 77441, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
65 Days | 66 Days | +1.5% |
Summary: Homes in 77441 had an average of 66 days on market in Feb 2024, up by 1.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 23 homes were sold in 77441; 26% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.