Is 77565, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77565 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77565 has remained a Seller's Market.

Key Takeaway

77565 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77565, TX cost?

Median Sold Price

$359,250

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$41,750(+13.1%)

Key Takeaway

Homes in 77565 have sold for 13.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $262.7K$110K
-58.1%
2 $179K$220K
+22.9%
3 $347.5K$372.5K
+7.2%
4 $367.5K$440K
+19.7%
5+ $740K$786K
+6.2%

Median Sold Price Compared To Nearby Zip Codes

77586
+15.0%
77565
+13.1%
77573
+12.1%
77518
+11.1%

How many homes are available in 77565, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
4039-2.5%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 56
+20.0%
3 1820
+11.1%
4 1512
-20.0%
5+ 21
-50.0%

Number of Homes Sold

Sep 2021Oct 2021%
108-20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77565, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
93 Days44 Days-52.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77565 are selling fast, if you're buying plan to act quickly.

About 77565, TX

Number of homes for sale in 77565, TX real estate market have reached 39. In October 2021 in 77565, TX there were 2.5% less homes for sale than in September 2021. In October 2021, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $359,250. This housing market listing prices have changed between September 2021 and October 2021: prices of 1 bedroom properties decreased by 58.1%, the cost of 2 bedrooms properties went up by 22.9%, 3 bedrooms properties prices increased by 7.2%, 4 bedrooms properties became 19.7% more expensive, prices of 5 bedrooms properties increased by 6.2%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 20%, 3 bedrooms homes became 11.1% more available, the quantity of 4 bedrooms homes went down by 20%, the quantity of 5 bedrooms homes went down by 50%. While more than 1 listings in 77565, TX in October 2021 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below.