Is 77546, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77546 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 77546 has remained a Seller's Market.

Key Takeaway

77546 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77546, TX

How much do homes in 77546, TX cost?

Median Sold Price

$428,333

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$70,040(+19.5%)

Key Takeaway

Homes in 77546 have sold for 19.5% more than they did a year ago.

Summary: The median home sold price in 77546 was $428,333 in February 2024, up 19.5% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $120.5K$175K
+45.2%
2 $153K$207.5K
+35.6%
3 $285.8K$293.5K
+2.7%
4 $450K$485K
+7.8%
5+ $645K$710K
+10.1%

Summary: 77546 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.2%, 2 bedroom homes increased by 35.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 10.1%.

Median Sold Price Compared To Nearby Zip Codes

77546
+19.5%
77089
+4.3%
77598
+4.0%
77573
0%
77581
-1.1%

Housing Supply in 77546, TX

How many homes are available in 77546, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
157182+15.9%

Summary: The 77546 real estate market had 182 homes for sale in February 2024, a 15.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 5555
0.0%
4 6176
+24.6%
5+ 4050
+25.0%

Summary: The 77546 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2831+10.7%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77546, you may be able to get a good deal. 74.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 77546 in February 2024, up by 10.7% month-over-month. Of the 31 sold homes, 74% were sold under asking, 19% were sold at asking, and 6% 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

Feb 2023Feb 2024CHANGE
33 Days52 Days+57.9%

Summary: Homes in 77546 had an average of 52 days on market in Feb 2024, up by 57.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77546 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 31 homes were sold in 77546; 42% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in 77546, TX

Nearby Markets to 77546, TX