Is 77523, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77523 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77523 has remained a Seller's Market.

Key Takeaway

77523 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77523, TX cost?

Median Sold Price

$300,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$5,072(+1.7%)

Key Takeaway

Homes in 77523 have sold for 1.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$116K
N/A
2 $167.5K$371K
+121.5%
3 $245K$250K
+2.1%
4 $317K$349K
+10.1%
5+ $355K$385K
+8.5%

Median Sold Price Compared To Nearby Zip Codes

77520
+14.5%
77521
+12.7%
77535
+11.7%
77523
+1.7%

How many homes are available in 77523, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
1261260.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 55
0.0%
3 6663
-4.5%
4 4650
+8.7%
5+ 98
-11.1%

Number of Homes Sold

Oct 2021Nov 2021%
3534-2.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77523, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
35 Days19 Days-46.6%

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77523 are selling fast, if you're buying plan to act quickly.

About 77523, TX

Homes for sale in 77523, TX have reached 126. In November 2021 median list price was $300,000 and the average listing age was 19 days. Listing prices have changed in this real estate market between October 2021 and November 2021: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 121.5%, the cost of 3 bedrooms properties went up by 2.1%, prices of 4 bedrooms properties went up by 10.1%, the cost of 5 bedrooms properties went up by 8.5%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 4.5% less available, number of 4 bedrooms homes increased by 8.7%, 5 bedrooms homes became 11.1% less available. In November 2021, from all listings sold in 77523, TX there were more than 9 sold above asking price, over 17 sold below and more than 8 were sold right at the asked price.