Is 77510, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77510 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77510 was a Seller's Market.

Key Takeaway

77510 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77510, TX cost?

Median Sold Price

$282,900

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$17,967(+6.8%)

Key Takeaway

Homes in 77510 have sold for 6.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $97K-
N/A
2 $200K$219.9K
+10.0%
3 $245K$275K
+12.2%
4 $305K$325K
+6.6%
5+ $400K$420K
+5.0%

Median Sold Price Compared To Nearby Zip Codes

77517
+9.3%
77568
+7.0%
77510
+6.8%
77563
-2.9%

How many homes are available in 77510, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
5162+21.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 57
+40.0%
3 2330
+30.4%
4 1919
0.0%
5+ 35
+66.7%

Number of Homes Sold

Sep 2022Oct 2022%
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77510, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days43 Days+71.3%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77510 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 77510, TX

There are 62 homes are for sale in 77510, TX real estate market. In October 2022 in 77510, TX there were 21.6% more homes for sale than in September 2022. The median list price of listings available in October 2022 was $282,900, while the average time on the real estate market was 43 days. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 10%, prices of 3 bedrooms properties went up by 12.2%, prices of 4 bedrooms properties went up by 6.6%, prices of 5 bedrooms properties increased by 5%. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 40%, the quantity of 3 bedrooms homes went up by 30.4%, 4 bedrooms homes inventory did not change, the quantity of 5 bedrooms homes went up by 66.7%. In October 2022, from all listings sold in 77510, TX there were more than 0 sold above asking price, over 2 sold below and more than 4 were sold right at the asked price.