Is 77535, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77535 is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77535 was a Seller's Market.

Key Takeaway

77535 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77535, TX cost?

Median Sold Price

$325,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$39,596(+13.9%)

Key Takeaway

Homes in 77535 have sold for 13.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $132.5K$171K
+29.1%
2 $175K$157K
-10.3%
3 $265K$299.5K
+13.0%
4 $339.9K$382.4K
+12.5%
5+ $359.6K$440K
+22.3%

Median Sold Price Compared To Nearby Zip Codes

77336
+29.2%
77521
+14.5%
77532
+14.4%
77535
+13.9%
77575
+10.2%

How many homes are available in 77535, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
109127+16.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 34
+33.3%
2 58
+60.0%
3 6060
0.0%
4 3445
+32.4%
5+ 710
+42.9%

Number of Homes Sold

Sep 2022Oct 2022%
2720-25.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77535, you may be able to get a good deal. 85% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
21 Days58 Days+176.1%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77535 has remained consistent over time.

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

About 77535, TX

There are 127 homes are for sale in 77535, TX real estate market. Between September 2022 and October 2022, 77535, TX real estate market has seen increase in the number of listings by 16.5%. In October 2022 median list price was $325,000 and the average listing age was 58 days. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties prices increased by 29.1%, prices of 2 bedrooms properties went down by 10.3%, 3 bedrooms properties became 13% more expensive, 4 bedrooms properties prices increased by 12.5%, the cost of 5 bedrooms properties went up by 22.3%. This housing market inventory have changed: number of 1 bedroom homes increased by 33.3%, 2 bedrooms homes became 60% more available, number of 3 bedrooms homes remained the same, 4 bedrooms homes inventory increased by 32.4%, number of 5 bedrooms homes increased by 42.9%. Over 2 listings were sold over their listed price in October 2022 in 77535, TX. In the same period over 17 listings were sold below the listed price and 1 listings were sold for the listed price.