Is 77474, 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, 77474 was a Seller's Market.
Housing Prices in 77474, TX
How much do homes in 77474, TX cost?
Median Sold Price
$347,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77474 was $347,000 in March 2024, up 5.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $217.4K | $385K | +77.1% |
2 Bedrooms | $197K | $235K | +19.3% |
3 Bedrooms | $310K | $319.8K | +3.2% |
4 Bedrooms | $475.5K | $424.7K | -10.7% |
5+ Bedrooms | $451K | $641K | +42.1% |
Summary: 77474 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.1%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 42.1%.
Housing Supply in 77474, TX
How many homes are available in 77474, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 66 | +1.5% |
Summary: The 77474 real estate market had 66 homes for sale in March 2024, a 1.5% 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 | 5 | 5 | 0.0% |
3 Bedrooms | 33 | 34 | +3.0% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 77474 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 remained the same, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 77474 in March 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 77474, TX
How long does it take to sell a home in 77474, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
106 Days | 67 Days | -36.5% |
Summary: Homes in 77474 had an average of 67 days on market in Mar 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 77474; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.