Is 77498, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77498 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77498 has remained a Seller's Market.

Key Takeaway

77498 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77498, TX cost?

Median Sold Price

$275,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$37,350(+15.7%)

Key Takeaway

Homes in 77498 have sold for 15.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$190K
N/A
2 $155K$175K
+12.9%
3 $210.5K$249.9K
+18.7%
4 $261K$287.9K
+10.3%
5+ $318K$385K
+21.1%

Median Sold Price Compared To Nearby Zip Codes

77083
+17.9%
77407
+17.2%
77498
+15.7%
77478
+14.4%
77099
+11.3%

How many homes are available in 77498, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
149121-18.8%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 10
-100.0%
3 6753
-20.9%
4 6050
-16.7%
5+ 2118
-14.3%

Number of Homes Sold

Oct 2021Nov 2021%
6238-38.7%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77498, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
28 Days17 Days-39.9%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77498 are selling fast, if you're buying plan to act quickly.

About 77498, TX

Homes for sale in 77498, TX have reached 121. In November 2021 in 77498, TX there were 18.8% less homes for sale than in October 2021. In November 2021, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $275,000. Listing prices have changed in this real estate market between October 2021 and November 2021: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 12.9%, the cost of 3 bedrooms properties went up by 18.7%, prices of 4 bedrooms properties went up by 10.3%, prices of 5 bedrooms properties increased by 21.1%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, 2 bedrooms homes became 100% less available, number of 3 bedrooms homes decreased by 20.9%, volume of 4 bedrooms homes went down by 16.7%, volume of 5 bedrooms homes went down by 14.3%. 77498, TX housing market in November 2021 saw over 9 listings sold above listed price, more than 7 sold at listed price and over 22 sold below.