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 2021

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

$468,757

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$48,717(+11.6%)

Key Takeaway

Homes in 77479 have sold for 11.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $230K$220K
-4.3%
2 $201K$228K
+13.4%
3 $285K$341.7K
+19.9%
4 $419.9K$486.6K
+15.9%
5+ $614.9K$684K
+11.2%

Median Sold Price Compared To Nearby Zip Codes

77459
+18.4%
77469
+17.2%
77498
+16.4%
77479
+11.6%
77478
+10.3%

How many homes are available in 77479, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
273272-0.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 119
-18.2%
3 4640
-13.0%
4 143141
-1.4%
5+ 7281
+12.5%

Number of Homes Sold

Sep 2022Oct 2022%
7158-18.3%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

8 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. 70.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
27 Days25 Days-6.2%

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

0 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 77479, TX

77479, TX has 272 homes for sale to choose from. The number of homes for sale in 77479, TX decreased by 0.4% between September 2022 and October 2022. Listings spent 25 days on the market in October 2022, and had a median list price of $468,757 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties decreased by 4.3%, prices of 2 bedrooms properties increased by 13.4%, 3 bedrooms properties prices increased by 19.9%, 4 bedrooms properties prices increased by 15.9%, the cost of 5 bedrooms properties went up by 11.2%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went down by 18.2%, 3 bedrooms homes became 13% less available, the quantity of 4 bedrooms homes went down by 1.4%, the quantity of 5 bedrooms homes went up by 12.5%. Over 8 listings were sold over their listed price in October 2022 in 77479, TX. In the same period over 41 listings were sold below the listed price and 9 listings were sold for the listed price.