Is 77530, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 77530 has remained a Seller's Market.
Key Takeaway
77530 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77530, TX
How much do homes in 77530, TX cost?
Median Sold Price
$235,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 77530 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 77530 was $235,000 in April 2024, up 7.8% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174K | - | N/A |
| 2 Bedrooms | $165K | $180K | +9.1% |
| 3 Bedrooms | $206K | $220K | +6.8% |
| 4 Bedrooms | $260K | $260.1K | 0.1% |
| 5+ Bedrooms | $290K | $265K | -8.6% |
Summary: 77530 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 8.6%.
Housing Supply in 77530, TX
How many homes are available in 77530, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 66 | 74 | +12.1% |
Summary: The 77530 real estate market had 74 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 29 | 40 | +37.9% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 77530 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 37.9%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 17 | +70.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77530, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 77530 in April 2024, up by 70.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for 77530, TX
How long does it take to sell a home in 77530, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 33 Days | -21.6% |
Summary: Homes in 77530 had an average of 33 days on market in Apr 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 77530 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in 77530; 47% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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