Is 77535, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77535 was a Seller's Market.
Housing Prices in 77535, TX
How much do homes in 77535, TX cost?
Median Sold Price
$353,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77535 was $353,500 in March 2024, up 8.6% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $217.5K | $86.5K | -60.2% |
2 Bedrooms | $145K | $180K | +24.1% |
3 Bedrooms | $300K | $297K | -1.0% |
4 Bedrooms | $385K | $398K | +3.4% |
5+ Bedrooms | $435.5K | $409.5K | -6.0% |
Summary: 77535 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60.2%, 2 bedroom homes increased by 24.1%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 6%.
Housing Supply in 77535, TX
How many homes are available in 77535, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
192 | 211 | +9.9% |
Summary: The 77535 real estate market had 211 homes for sale in March 2024, a 9.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 74 | 77 | +4.1% |
4 Bedrooms | 90 | 104 | +15.6% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The 77535 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 23 | -37.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 77535 in March 2024, down by 37.8% month-over-month. Of the 23 sold homes, 52% were sold under asking, 30% were sold at asking, and 17% were sold over asking.
Days on Market for 77535, TX
How long does it take to sell a home in 77535, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 39 Days | -31.3% |
Summary: Homes in 77535 had an average of 39 days on market in Mar 2024, down by 31.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 77535; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.