Is 77449, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77449 is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 77449 was a Seller's Market.

Key Takeaway

77449 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 77449, TX

How much do homes in 77449, TX cost?

Median Sold Price

$289,922

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$53(0%)

Key Takeaway

The sold price of homes in 77449 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $185K$208.5K
+12.7%
3 $269.5K$270K
0.2%
4 $320K$310K
-3.1%
5+ $357.5K$365K
+2.1%

Summary: 77449 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 12.7%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Zip Codes

77094
+0.8%
77449
0%
77450
0.0%
77493
-1.5%
77084
-1.6%

Housing Supply in 77449, TX

How many homes are available in 77449, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
330397+20.3%

Summary: The 77449 real estate market had 397 homes for sale in February 2024, a 20.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 156177
+13.5%
4 143178
+24.5%
5+ 2836
+28.6%

Summary: The 77449 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 100%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
7664-15.8%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77449, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in 77449 in February 2024, down by 15.8% month-over-month. Of the 64 sold homes, 63% were sold under asking, 22% were sold at asking, and 16% were sold over asking.

Days on Market for 77449, TX

How long does it take to sell a home in 77449, TX?

Average Sale Time

Feb 2023Feb 2024CHANGE
53 Days44 Days-17.3%

Summary: Homes in 77449 had an average of 44 days on market in Feb 2024, down by 17.3% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77449 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 64 homes were sold in 77449; 47% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 14% 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 27 Days Ago

Newest Listings in 77449, TX

Nearby Markets to 77449, TX