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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77565 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77565 was a Seller's Market.

Key Takeaway

77565 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77565, TX cost?

Median Sold Price

$396,500

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$37,500(+10.4%)

Key Takeaway

Homes in 77565 have sold for 10.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $110K$300K
+172.7%
2 $220K$245.4K
+11.5%
3 $370K$414K
+11.9%
4 $440K$540K
+22.7%
5+ $786K$639.5K
-18.6%

Median Sold Price Compared To Nearby Zip Codes

77573
+11.7%
77518
+10.5%
77565
+10.4%
77586
+9.4%

How many homes are available in 77565, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
5149-3.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 01
+100.0%
2 35
+66.7%
3 2727
0.0%
4 1914
-26.3%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
135-61.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 75% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
44 Days17 Days-61.5%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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.

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

About 77565, TX

Homes for sale in 77565, TX have reached 49. The number of listings in 77565, TX decreased by 3.9% between September 2022 and October 2022. Listings spent 17 days on the market in October 2022, and had a median list price of $396,500 during the same period. Real estate listing prices changed between September 2022 and October 2022: prices of 1 bedroom properties increased by 172.7%, 2 bedrooms properties became 11.5% more expensive, 3 bedrooms properties became 11.9% more expensive, 4 bedrooms properties prices increased by 22.7%, 5 bedrooms properties prices decreased by 18.6%. Housing inventory have changed in this real estate market: 1 bedroom homes became 100% more available, 2 bedrooms homes became 66.7% more available, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes became 26.3% less available, the quantity of 5 bedrooms homes have not changed. In October 2022, from all listings sold in 77565, TX there were more than 0 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price.