Is 77445, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 77445 was a Seller's Market.
Housing Prices in 77445, TX
How much do homes in 77445, TX cost?
Median Sold Price
$288,990
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77445 was $288,990 in April 2024, up 3.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $452.5K | $517.5K | +14.4% |
2 Bedrooms | $217K | $173.7K | -19.9% |
3 Bedrooms | $280K | $288.5K | +3.0% |
4 Bedrooms | $281.7K | $299.9K | +6.5% |
5+ Bedrooms | $371.4K | $389.9K | +5.0% |
Summary: 77445 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes decreased by 19.9%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 5%.
Housing Supply in 77445, TX
How many homes are available in 77445, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
127 | 134 | +5.5% |
Summary: The 77445 real estate market had 134 homes for sale in April 2024, a 5.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 69 | 71 | +2.9% |
4 Bedrooms | 37 | 45 | +21.6% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 77445 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 77445 in April 2024, down by 21.4% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for 77445, TX
How long does it take to sell a home in 77445, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
88 Days | 50 Days | -42.4% |
Summary: Homes in 77445 had an average of 50 days on market in Apr 2024, down by 42.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 77445; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.