Is 77479, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77479 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77479 has remained a Seller's Market.

Key Takeaway

77479 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77479, TX cost?

Median Sold Price

$419,999

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$58,580(+16.2%)

Key Takeaway

Homes in 77479 have sold for 16.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $218K$232.5K
+6.7%
2 $187.5K$201.5K
+7.5%
3 $260K$285.5K
+9.8%
4 $368.2K$419.9K
+14.0%
5+ $509.2K$615K
+20.8%

Median Sold Price Compared To Nearby Zip Codes

77498
+17.0%
77479
+16.2%
77459
+15.7%
77469
+13.1%
77478
+12.5%

How many homes are available in 77479, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
343346+0.9%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 21
-50.0%
2 2617
-34.6%
3 6771
+6.0%
4 176166
-5.7%
5+ 7291
+26.4%

Number of Homes Sold

Sep 2021Oct 2021%
9794-3.1%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77479, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
52 Days26 Days-48.6%

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77479 are selling fast, if you're buying plan to act quickly.

About 77479, TX

77479, TX has 346 homes on the market. The inventory of homes for sale in 77479, TX between September 2021 and October 2021 increased by 0.9%. The median list price of listings available in October 2021 was $419,999, while the average time on the real estate market was 26 days. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties prices increased by 6.7%, prices of 2 bedrooms properties increased by 7.5%, prices of 3 bedrooms properties increased by 9.8%, prices of 4 bedrooms properties went up by 14%, prices of 5 bedrooms properties went up by 20.8%. Housing inventory have changed in this real estate market: number of 1 bedroom homes decreased by 50%, 2 bedrooms homes inventory decreased by 34.6%, 3 bedrooms homes became 6% more available, number of 4 bedrooms homes decreased by 5.7%, number of 5 bedrooms homes increased by 26.4%. In October 2021 more than 29 listings in 77479, TX were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 46 were sold below.