Is 77477, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77477 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77477 has remained a Seller's Market.

Key Takeaway

77477 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77477, TX cost?

Median Sold Price

$239,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$21,000(+9.6%)

Key Takeaway

Homes in 77477 have sold for 9.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $70K$90.5K
+29.3%
2 $125K$131K
+4.8%
3 $199.9K$228K
+14.0%
4 $238.5K$260K
+9.0%
5+ $250K$265.2K
+6.1%

Median Sold Price Compared To Nearby Zip Codes

77489
+14.3%
77478
+12.5%
77477
+9.6%
77099
+9.4%

How many homes are available in 77477, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
4641-10.9%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 01
+100.0%
2 02
+100.0%
3 1814
-22.2%
4 2823
-17.9%
5+ 01
+100.0%

Number of Homes Sold

Sep 2021Oct 2021%
1518+20.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77477, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
55 Days22 Days-59.6%

Breakdown of Home Sale Times

15 Homes Were 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

Many homes in 77477 are selling fast, if you're buying plan to act quickly.

About 77477, TX

Homes for sale in 77477, TX have reached 41. The number of homes for sale in 77477, TX decreased by 10.9% between September 2021 and October 2021. In October 2021 median list price was $239,000 and the average listing age was 22 days. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 29.3%, prices of 2 bedrooms properties increased by 4.8%, the cost of 3 bedrooms properties went up by 14%, prices of 4 bedrooms properties went up by 9%, the cost of 5 bedrooms properties went up by 6.1%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory increased by 100%, 2 bedrooms homes became 100% more available, 3 bedrooms homes became 22.2% less available, the quantity of 4 bedrooms homes went down by 17.9%, the quantity of 5 bedrooms homes went up by 100%. 77477, TX housing market in October 2021 saw over 6 listings sold above listed price, more than 2 sold at listed price and over 10 sold below.