Is 77532, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77532 has remained a Seller's Market.
Housing Prices in 77532, TX
How much do homes in 77532, TX cost?
Median Sold Price
$279,133
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77532 was $279,133 in March 2024, up 1.4% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $88K | -56.0% |
2 Bedrooms | $188.2K | $172.5K | -8.3% |
3 Bedrooms | $252.6K | $255K | +0.9% |
4 Bedrooms | $310K | $305K | -1.6% |
5+ Bedrooms | $335K | $330K | -1.5% |
Summary: 77532 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in 77532, TX
How many homes are available in 77532, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
197 | 229 | +16.2% |
Summary: The 77532 real estate market had 229 homes for sale in March 2024, a 16.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 90 | 109 | +21.1% |
4 Bedrooms | 82 | 96 | +17.1% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The 77532 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 51 | +45.7% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in 77532 in March 2024, up by 45.7% month-over-month. Of the 51 sold homes, 65% were sold under asking, 22% were sold at asking, and 14% were sold over asking.
Days on Market for 77532, TX
How long does it take to sell a home in 77532, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 40 Days | -36.3% |
Summary: Homes in 77532 had an average of 40 days on market in Mar 2024, down by 36.3% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 51 homes were sold in 77532; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.