Is 77530, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77530 is a buyer's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 77530 was a Seller's Market.

Key Takeaway

77530 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77530, TX cost?

Median Sold Price

$188,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$25,150(+15.4%)

Key Takeaway

Homes in 77530 have sold for 15.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 -$151.5K
N/A
2 $127.5K$147.5K
+15.7%
3 $158.5K$175K
+10.4%
4 $185K$212K
+14.6%
5+ $163K$215K
+31.9%

Median Sold Price Compared To Nearby Zip Codes

77520
+17.2%
77530
+15.4%
77562
+12.7%
77049
+12.6%
77015
+12.1%

How many homes are available in 77530, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
5859+1.7%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 10
-100.0%
2 51
-80.0%
3 2832
+14.3%
4 2324
+4.3%
5+ 12
+100.0%

Number of Homes Sold

Sep 2021Oct 2021%
197-63.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77530, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
36 Days7 Days-79.4%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77530 are selling fast, if you're buying plan to act quickly.

About 77530, TX

Homes for sale in 77530, TX have reached 59. Between September 2021 and October 2021, 77530, TX real estate market has seen increase in the number of listings by 1.7%. Listings spent 7 days on the market in October 2021, and had a median list price of $188,000 during the same period. This housing market listing prices have changed between September 2021 and October 2021: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 15.7%, 3 bedrooms properties prices increased by 10.4%, prices of 4 bedrooms properties went up by 14.6%, 5 bedrooms properties prices increased by 31.9%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 100%, 2 bedrooms homes inventory decreased by 80%, 3 bedrooms homes became 14.3% more available, 4 bedrooms homes inventory increased by 4.3%, 5 bedrooms homes became 100% more available. Over 4 listings were sold over their listed price in October 2021 in 77530, TX. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price.