Is 77532, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77532 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 77532 was a Seller's Market.

Key Takeaway

77532 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77532, TX cost?

Median Sold Price

$274,862

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$29,863(+12.2%)

Key Takeaway

Homes in 77532 have sold for 12.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $246K$200K
-18.7%
2 $128.5K$188.2K
+46.5%
3 $229.9K$253K
+10.0%
4 $268K$312.3K
+16.6%
5+ $306K$333.2K
+8.9%

Median Sold Price Compared To Nearby Zip Codes

77562
+18.9%
77049
+18.6%
77346
+13.7%
77532
+12.2%
77044
+11.0%

How many homes are available in 77532, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
164175+6.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 78
+14.3%
3 9391
-2.2%
4 5665
+16.1%
5+ 710
+42.9%

Number of Homes Sold

Oct 2022Nov 2022%
4123-43.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77532, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
27 Days40 Days+46.1%

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77532 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 77532, TX

Number of homes for sale in 77532, TX real estate market have reached 175. The number of listings in 77532, TX increased by 6.7% between October 2022 and November 2022. While the average time on the market in November 2022 was 40 days, the median list price was $274,862. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties went down by 18.7%, 2 bedrooms properties prices increased by 46.5%, prices of 3 bedrooms properties went up by 10%, 4 bedrooms properties became 16.6% more expensive, 5 bedrooms properties prices increased by 8.9%. This housing market inventory have changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 14.3%, the quantity of 3 bedrooms homes went down by 2.2%, 4 bedrooms homes inventory increased by 16.1%, number of 5 bedrooms homes increased by 42.9%. 77532, TX housing market in November 2022 saw over 3 listings sold above listed price, more than 7 sold at listed price and over 13 sold below.