Is 77478, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77478 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77478 has remained a Seller's Market.

Key Takeaway

77478 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77478, TX cost?

Median Sold Price

$365,037

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$46,037(+14.4%)

Key Takeaway

Homes in 77478 have sold for 14.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $187.5K$252.5K
+34.7%
3 $265K$285K
+7.5%
4 $329K$374K
+13.7%
5+ $370K$465K
+25.7%

Median Sold Price Compared To Nearby Zip Codes

77498
+15.7%
77479
+15.4%
77478
+14.4%
77099
+11.3%
77477
+9.8%

How many homes are available in 77478, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
10898-9.3%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 44
0.0%
3 4141
0.0%
4 4941
-16.3%
5+ 1412
-14.3%

Number of Homes Sold

Oct 2021Nov 2021%
4122-46.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77478, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
55 Days31 Days-44.2%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77478 are selling fast, if you're buying plan to act quickly.

About 77478, TX

77478, TX has 98 homes for sale to choose from. Between October 2021 and November 2021, 77478, TX real estate market has seen decrease in the number of listings by 9.3%. Listings spent 31 days on the market in November 2021, and had a median list price of $365,037 during the same period. This housing market listing prices have changed between October 2021 and November 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 34.7%, prices of 3 bedrooms properties increased by 7.5%, 4 bedrooms properties became 13.7% more expensive, prices of 5 bedrooms properties increased by 25.7%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes inventory decreased by 16.3%, the quantity of 5 bedrooms homes went down by 14.3%. In November 2021, from all listings sold in 77478, TX there were more than 7 sold above asking price, over 13 sold below and more than 2 were sold right at the asked price.