Is 77485, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77485 is a seller's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 77485 was a Neutral Market.

Key Takeaway

77485 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77485, TX cost?

Median Sold Price

$259,775

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$40,825(+18.6%)

Key Takeaway

Homes in 77485 have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $150K$221K
+47.3%
3 $218K$259.9K
+19.2%
4 $271.7K$257.5K
-5.2%
5+ $342.5K$305K
-10.9%

Median Sold Price Compared To Nearby Zip Codes

77485
+18.6%
77441
+15.7%
77435
+7.0%

How many homes are available in 77485, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
2420-16.7%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 11
0.0%
2 22
0.0%
3 1310
-23.1%
4 65
-16.7%
5+ 22
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77485, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
4 Days28 Days+616.7%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77485 are selling fast, if you're buying plan to act quickly.

About 77485, TX

Number of homes for sale in 77485, TX real estate market have reached 20. In October 2021 in 77485, TX there were 16.7% less homes for sale than in September 2021. Listings spent 28 days on the market in October 2021, and had a median list price of $259,775 during the same period. Listing prices have changed in this real estate market between September 2021 and October 2021: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 47.3%, 3 bedrooms properties became 19.2% more expensive, the cost of 4 bedrooms properties went down by 5.2%, 5 bedrooms properties prices decreased by 10.9%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 23.1% less available, number of 4 bedrooms homes decreased by 16.7%, the quantity of 5 bedrooms homes have not changed. Over 0 listings were sold over their listed price in October 2021 in 77485, TX. In the same period over 4 listings were sold below the listed price and 2 listings were sold for the listed price.