Is 77546, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, 77546 has remained a Seller's Market.
Housing Prices in 77546, TX
How much do homes in 77546, TX cost?
Median Sold Price
$423,333
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 77546 was $423,333 in June 2024, up 9.8% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $175K | +9.4% |
2 Bedrooms | $157.7K | $245K | +55.3% |
3 Bedrooms | $285.5K | $296K | +3.7% |
4 Bedrooms | $470.3K | $500K | +6.3% |
5+ Bedrooms | $678K | $725K | +6.9% |
Summary: 77546 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 55.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 77546, TX
How many homes are available in 77546, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
253 | 295 | +16.6% |
Summary: The 77546 real estate market had 295 homes for sale in June 2024, a 16.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 69 | 83 | +20.3% |
4 Bedrooms | 118 | 129 | +9.3% |
5+ Bedrooms | 58 | 74 | +27.6% |
Summary: The 77546 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 27.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
59 | 67 | +13.6% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 67 homes were sold or pending in 77546 in June 2024, up by 13.6% month-over-month. Of the 67 sold homes, 57% were sold under asking, 27% were sold at asking, and 16% were sold over asking.
Days on Market for 77546, TX
How long does it take to sell a home in 77546, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 40 Days | +51.9% |
Summary: Homes in 77546 had an average of 40 days on market in Jun 2024, up by 51.9% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During June 2024, 67 homes were sold in 77546; 70% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.