Is 77479, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 77479 has remained a Seller's Market.
Housing Prices in 77479, TX
How much do homes in 77479, TX cost?
Median Sold Price
$527,397
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77479 was $527,397 in April 2024, up 6.4% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $263.7K | $254.5K | -3.5% |
2 Bedrooms | $235K | $255K | +8.5% |
3 Bedrooms | $348.2K | $357K | +2.5% |
4 Bedrooms | $494.4K | $535K | +8.2% |
5+ Bedrooms | $713.2K | $826.4K | +15.9% |
Summary: 77479 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 15.9%.
Housing Supply in 77479, TX
How many homes are available in 77479, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
224 | 278 | +24.1% |
Summary: The 77479 real estate market had 278 homes for sale in April 2024, a 24.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 48 | 56 | +16.7% |
4 Bedrooms | 106 | 123 | +16.0% |
5+ Bedrooms | 54 | 81 | +50.0% |
Summary: The 77479 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 70 | +11.1% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in 77479 in April 2024, up by 11.1% month-over-month. Of the 70 sold homes, 66% were sold under asking, 14% were sold at asking, and 20% were sold over asking.
Days on Market for 77479, TX
How long does it take to sell a home in 77479, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 31 Days | -3.1% |
Summary: Homes in 77479 had an average of 31 days on market in Apr 2024, down by 3.1% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 70 homes were sold in 77479; 70% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.