Is 77465, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77465 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 77465 was a Seller's Market.

Key Takeaway

77465 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77465, TX

How much do homes in 77465, TX cost?

Median Sold Price

$267,250

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,250(+9.1%)

Key Takeaway

Homes in 77465 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 77465 was $267,250 in March 2024, up 9.1% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $122.5K$85K
-30.6%
2 $147.6K$200K
+35.4%
3 $240K$295K
+22.9%
4 $376K$361.5K
-3.9%
5+ -$684.5K
N/A

Summary: 77465 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.6%, 2 bedroom homes increased by 35.4%, 3 bedroom homes increased by 22.9%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes did not change.

Housing Supply in 77465, TX

How many homes are available in 77465, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3638+5.6%

Summary: The 77465 real estate market had 38 homes for sale in March 2024, a 5.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 88
0.0%
3 1718
+5.9%
4 78
+14.3%
5+ 23
+50.0%

Summary: The 77465 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77465, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 77465 in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 77465, TX

How long does it take to sell a home in 77465, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days84 Days+105.0%

Summary: Homes in 77465 had an average of 84 days on market in Mar 2024, up by 105% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77465 has remained consistent over time.

Summary: During March 2024, 4 homes were sold in 77465; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 18 Days Ago

Newest Listings in 77465, TX

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