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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77486 is a seller's market

Buyer's
Market

Difference Since November 2020

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

Key Takeaway

77486 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77486, TX cost?

Median Sold Price

$238,300

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$23,300(+10.8%)

Key Takeaway

Homes in 77486 have sold for 10.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $140K$134.9K
-3.6%
3 $204.2K$230K
+12.6%
4 $244.9K$279.4K
+14.1%
5+ $275K$303.5K
+10.4%

Median Sold Price Compared To Nearby Zip Codes

77480
+20.3%
77515
+11.2%
77486
+10.8%

How many homes are available in 77486, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
6959-14.5%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 73
-57.1%
3 4536
-20.0%
4 1517
+13.3%
5+ 23
+50.0%

Number of Homes Sold

Oct 2021Nov 2021%
1517+13.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77486, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
52 Days48 Days-8.8%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77486 has remained consistent over time.

About 77486, TX

There are 59 homes are for sale in 77486, TX real estate market. The inventory of homes for sale in 77486, TX between October 2021 and November 2021 decreased by 14.5%. In November 2021 median list price was $238,300 and the average listing age was 48 days. Listing prices have changed in this real estate market between October 2021 and November 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went down by 3.6%, 3 bedrooms properties prices increased by 12.6%, 4 bedrooms properties prices increased by 14.1%, prices of 5 bedrooms properties increased by 10.4%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory decreased by 57.1%, 3 bedrooms homes became 20% less available, 4 bedrooms homes inventory increased by 13.3%, 5 bedrooms homes became 50% more available. While more than 2 listings in 77486, TX in November 2021 were sold above asking price, there were more than 7 listings sold at asking price, and more than 8 were sold below.