Is 77531, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77531 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77531 has remained a Seller's Market.

Key Takeaway

77531 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77531, TX cost?

Median Sold Price

$239,900

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

-$50(0%)

Key Takeaway

The sold price of homes in 77531 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $120K$114.5K
-4.6%
3 $237K$231.9K
-2.2%
4 $277K$289.9K
+4.7%
5+ $435K$262.4K
-39.7%

Median Sold Price Compared To Nearby Zip Codes

77541
+42.2%
77515
+11.2%
77566
+9.6%
77531
0%

How many homes are available in 77531, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
3749+32.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 13
+200.0%
3 2432
+33.3%
4 1214
+16.7%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
510+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77531, 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%
49 Days59 Days+20.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77531 are selling fast, if you're buying plan to act quickly.

About 77531, TX

There are 49 homes are for sale in 77531, TX real estate market. In November 2021 in 77531, TX there were 32.4% more homes for sale than in October 2021. While the average time on the market in November 2021 was 59 days, the median list price was $239,900. Real estate listing prices changed between October 2021 and November 2021: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 4.6%, 3 bedrooms properties prices decreased by 2.2%, 4 bedrooms properties became 4.7% more expensive, 5 bedrooms properties became 39.7% more cheaper. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory increased by 200%, the quantity of 3 bedrooms homes went up by 33.3%, number of 4 bedrooms homes increased by 16.7%, number of 5 bedrooms homes remained the same. Over 1 listings were sold over their listed price in November 2021 in 77531, TX. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price.