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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77532 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 77532 has remained a Seller's Market.

Key Takeaway

77532 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77532, TX cost?

Median Sold Price

$244,998

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$29,998(+14.0%)

Key Takeaway

Homes in 77532 have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $238.7K$246K
+3.0%
2 $154.4K$128.5K
-16.8%
3 $199.9K$230K
+15.0%
4 $235K$267.2K
+13.7%
5+ $268K$305K
+13.8%

Median Sold Price Compared To Nearby Zip Codes

77532
+14.0%
77044
+13.7%
77346
+13.6%
77562
+11.3%
77049
+10.5%

How many homes are available in 77532, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
175157-10.3%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 22
0.0%
2 79
+28.6%
3 8066
-17.5%
4 7770
-9.1%
5+ 910
+11.1%

Number of Homes Sold

Oct 2021Nov 2021%
4946-6.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

15 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. 41.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
39 Days28 Days-29.0%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

11 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.

About 77532, TX

77532, TX has 157 homes for sale to choose from. In November 2021 in 77532, TX there were 10.3% less homes for sale than in October 2021. The median list price of listings available in November 2021 was $244,998, while the average time on the real estate market was 28 days. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 3% more expensive, prices of 2 bedrooms properties decreased by 16.8%, prices of 3 bedrooms properties increased by 15%, prices of 4 bedrooms properties increased by 13.7%, prices of 5 bedrooms properties increased by 13.8%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went up by 28.6%, number of 3 bedrooms homes decreased by 17.5%, 4 bedrooms homes inventory decreased by 9.1%, volume of 5 bedrooms homes went up by 11.1%. In November 2021, from all listings sold in 77532, TX there were more than 15 sold above asking price, over 19 sold below and more than 12 were sold right at the asked price.