Is 77486, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77486 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77486 was a Seller's Market.

Key Takeaway

77486 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77486, TX cost?

Median Sold Price

$275,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$37,355(+15.7%)

Key Takeaway

Homes in 77486 have sold for 15.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $132.9K$158K
+18.8%
3 $230K$250K
+8.7%
4 $278.8K$358.3K
+28.5%
5+ $315K$365K
+15.9%

Median Sold Price Compared To Nearby Zip Codes

77430
+50.2%
77486
+15.7%
77515
+4.4%
77480
-2.3%

How many homes are available in 77486, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
9188-3.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 43
-25.0%
3 4541
-8.9%
4 3839
+2.6%
5+ 34
+33.3%

Number of Homes Sold

Oct 2022Nov 2022%
167-56.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77486, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
45 Days28 Days-37.0%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77486 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 77486, TX

Number of homes for sale in 77486, TX real estate market have reached 88. Between October 2022 and November 2022, 77486, TX real estate market has seen decrease in the number of listings by 3.3%. While the average time on the market in November 2022 was 28 days, the median list price was $275,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 18.8%, the cost of 3 bedrooms properties went up by 8.7%, prices of 4 bedrooms properties went up by 28.5%, 5 bedrooms properties became 15.9% more expensive. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 25%, 3 bedrooms homes inventory decreased by 8.9%, 4 bedrooms homes became 2.6% more available, number of 5 bedrooms homes increased by 33.3%. In November 2022, from all listings sold in 77486, TX there were more than 1 sold above asking price, over 2 sold below and more than 4 were sold right at the asked price.