Is 77514, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77514 has remained a Buyer's Market.
Housing Prices in 77514, TX
How much do homes in 77514, TX cost?
Median Sold Price
$270,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77514 was $270,000 in March 2024, up 4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $186K | $224.4K | +20.6% |
2 Bedrooms | $175K | $57.2K | -67.3% |
3 Bedrooms | $257K | $234.9K | -8.6% |
4 Bedrooms | $328.5K | $300K | -8.7% |
5+ Bedrooms | $875K | $557.5K | -36.3% |
Summary: 77514 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.6%, 2 bedroom homes decreased by 67.3%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 36.3%.
Housing Supply in 77514, TX
How many homes are available in 77514, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 50 | +16.3% |
Summary: The 77514 real estate market had 50 homes for sale in March 2024, a 16.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 27 | 33 | +22.2% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 77514 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 77514 in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 77514, TX
How long does it take to sell a home in 77514, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 53 Days | +7.0% |
Summary: Homes in 77514 had an average of 53 days on market in Mar 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 77514; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.