Is 77459, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77459 was a Seller's Market.
Key Takeaway
77459 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 77459, TX
How much do homes in 77459, TX cost?
Median Sold Price
$400,177
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 77459 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 77459 was $400,177 in March 2024, down 3.1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $260.2K | +33.5% |
| 3 Bedrooms | $315K | $320K | +1.6% |
| 4 Bedrooms | $425K | $415.1K | -2.3% |
| 5+ Bedrooms | $650K | $674.4K | +3.8% |
Summary: 77459 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 33.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in 77459, TX
How many homes are available in 77459, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 315 | 388 | +23.2% |
Summary: The 77459 real estate market had 388 homes for sale in March 2024, a 23.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 75 | 86 | +14.7% |
| 4 Bedrooms | 159 | 199 | +25.2% |
| 5+ Bedrooms | 74 | 94 | +27.0% |
Summary: The 77459 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 28.6%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 27%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 65 | 58 | -10.8% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77459, you may be able to get a good deal. 67.2% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in 77459 in March 2024, down by 10.8% month-over-month. Of the 58 sold homes, 67% were sold under asking, 26% were sold at asking, and 7% were sold over asking.
Days on Market for 77459, TX
How long does it take to sell a home in 77459, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 52 Days | 52 Days | +1.2% |
Summary: Homes in 77459 had an average of 52 days on market in Mar 2024, up by 1.2% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77459 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 58 homes were sold in 77459; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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