Is 77477, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77477 has remained a Seller's Market.
Housing Prices in 77477, TX
How much do homes in 77477, TX cost?
Median Sold Price
$297,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77477 was $297,000 in March 2024, up 5.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $142K | +5.2% |
2 Bedrooms | $160K | $160K | 0.0% |
3 Bedrooms | $277K | $275K | -0.7% |
4 Bedrooms | $292K | $321K | +9.9% |
5+ Bedrooms | $349.9K | $324K | -7.4% |
Summary: 77477 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 7.4%.
Housing Supply in 77477, TX
How many homes are available in 77477, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 39 | +11.4% |
Summary: The 77477 real estate market had 39 homes for sale in March 2024, a 11.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 13 | 17 | +30.8% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 77477 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 77477 in March 2024, the same as the previous month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% were sold over asking.
Days on Market for 77477, TX
How long does it take to sell a home in 77477, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 14 Days | -68.2% |
Summary: Homes in 77477 had an average of 14 days on market in Mar 2024, down by 68.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 77477; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.