Is 77494, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77494 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77494 has remained a Seller's Market.

Key Takeaway

77494 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77494, TX cost?

Median Sold Price

$402,693

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$58,444(+17.0%)

Key Takeaway

Homes in 77494 have sold for 17% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$800K
N/A
2 $279.5K$300K
+7.3%
3 $265.9K$307.7K
+15.7%
4 $340.3K$405.3K
+19.1%
5+ $479.2K$571K
+19.1%

Median Sold Price Compared To Nearby Zip Codes

77450
+21.6%
77449
+18.0%
77407
+17.2%
77494
+17.0%
77493
+16.4%

How many homes are available in 77494, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
481413-14.1%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 11
0.0%
2 810
+25.0%
3 8365
-21.7%
4 274245
-10.6%
5+ 11592
-20.0%

Number of Homes Sold

Oct 2021Nov 2021%
181142-21.5%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

71 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77494, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
27 Days16 Days-41.4%

Breakdown of Home Sale Times

120 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77494 are selling fast, if you're buying plan to act quickly.

About 77494, TX

77494, TX has 413 homes for sale to choose from. The number of homes for sale in 77494, TX decreased by 14.1% between October 2021 and November 2021. Listings spent 16 days on the market in November 2021, and had a median list price of $402,693 during the same period. Real estate listing prices changed between October 2021 and November 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 7.3%, 3 bedrooms properties prices increased by 15.7%, 4 bedrooms properties prices increased by 19.1%, prices of 5 bedrooms properties went up by 19.1%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 25%, 3 bedrooms homes inventory decreased by 21.7%, number of 4 bedrooms homes decreased by 10.6%, the quantity of 5 bedrooms homes went down by 20%. In November 2021 more than 71 listings in 77494, TX were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 42 were sold below.