Is 77474, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77474 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77474 has remained a Seller's Market.

Key Takeaway

77474 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77474, TX cost?

Median Sold Price

$289,750

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$27,250(+10.4%)

Key Takeaway

Homes in 77474 have sold for 10.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $151.5K$165K
+8.9%
3 $240K$300K
+25.0%
4 $356K$336K
-5.6%
5+ $610K$440K
-27.9%

Median Sold Price Compared To Nearby Zip Codes

77418
+55.7%
77485
+18.6%
77423
+17.3%
77474
+10.4%

How many homes are available in 77474, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
6364+1.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 11
0.0%
2 46
+50.0%
3 3936
-7.7%
4 1719
+11.8%
5+ 22
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
1312-7.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77474, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
152 Days68 Days-55.5%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77474 are selling fast, if you're buying plan to act quickly.

About 77474, TX

77474, TX has 64 homes on the market. The number of homes for sale in 77474, TX increased by 1.6% between September 2021 and October 2021. In October 2021, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $289,750. Listing prices have changed in this real estate market between September 2021 and October 2021: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 8.9%, the cost of 3 bedrooms properties went up by 25%, 4 bedrooms properties prices decreased by 5.6%, 5 bedrooms properties became 27.9% more cheaper. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 50%, 3 bedrooms homes became 7.7% less available, number of 4 bedrooms homes increased by 11.8%, the quantity of 5 bedrooms homes have not changed. In October 2021, from all listings sold in 77474, TX there were more than 1 sold above asking price, over 6 sold below and more than 5 were sold right at the asked price.