Is 77515, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77515 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77515 has remained a Seller's Market.

Key Takeaway

77515 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77515, TX cost?

Median Sold Price

$230,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$23,166(+11.2%)

Key Takeaway

Homes in 77515 have sold for 11.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$81K
N/A
2 $116.7K$146.7K
+25.7%
3 $189K$215K
+13.8%
4 $285K$286K
0.4%
5+ $365K$325K
-11.0%

Median Sold Price Compared To Nearby Zip Codes

77534
+19.7%
77515
+11.2%
77566
+9.6%
77531
0%

How many homes are available in 77515, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
131126-3.8%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 87
-12.5%
3 8487
+3.6%
4 3530
-14.3%
5+ 42
-50.0%

Number of Homes Sold

Oct 2021Nov 2021%
2734+25.9%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77515, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
48 Days42 Days-13.6%

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77515 are selling fast, if you're buying plan to act quickly.

About 77515, TX

Homes for sale in 77515, TX have reached 126. Between October 2021 and November 2021, 77515, TX real estate market has seen decrease in the number of listings by 3.8%. In November 2021, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $230,000. 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 up by 25.7%, 3 bedrooms properties prices increased by 13.8%, prices of 4 bedrooms properties went up by 0.4%, 5 bedrooms properties prices decreased by 11%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 12.5%, 3 bedrooms homes inventory increased by 3.6%, the quantity of 4 bedrooms homes went down by 14.3%, 5 bedrooms homes inventory decreased by 50%. In November 2021, from all listings sold in 77515, TX there were more than 6 sold above asking price, over 18 sold below and more than 10 were sold right at the asked price.