Is 77566, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77566 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77566 has remained a Seller's Market.

Key Takeaway

77566 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77566, TX cost?

Median Sold Price

$239,958

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$17,958(+8.1%)

Key Takeaway

Homes in 77566 have sold for 8.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $66.2K$65.5K
-1.1%
2 $135K$127.5K
-5.6%
3 $200K$220K
+10.0%
4 $278.4K$289.4K
+4.0%
5+ $329.9K$348.9K
+5.8%

Median Sold Price Compared To Nearby Zip Codes

77541
+41.6%
77422
+26.0%
77515
+12.5%
77566
+8.1%
77531
0.0%

How many homes are available in 77566, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
136129-5.1%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 65
-16.7%
3 6878
+14.7%
4 5644
-21.4%
5+ 62
-66.7%

Number of Homes Sold

Sep 2021Oct 2021%
4533-26.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77566, expect to pay close to the asking price. 39.4% of homes here sold near the asking price last month.

Average Sale Time

Oct 2020Oct 2021%
45 Days22 Days-50.8%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77566 are selling fast, if you're buying plan to act quickly.

About 77566, TX

There are 129 homes are for sale in 77566, TX real estate market. Between September 2021 and October 2021, 77566, TX real estate market has seen decrease in the number of listings by 5.1%. In October 2021 median list price was $239,958 and the average listing age was 22 days. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties became 1.1% more cheaper, prices of 2 bedrooms properties went down by 5.6%, prices of 3 bedrooms properties went up by 10%, prices of 4 bedrooms properties increased by 4%, 5 bedrooms properties became 5.8% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 16.7%, 3 bedrooms homes became 14.7% more available, volume of 4 bedrooms homes went down by 21.4%, 5 bedrooms homes inventory decreased by 66.7%. Over 8 listings were sold over their listed price in October 2021 in 77566, TX. In the same period over 12 listings were sold below the listed price and 13 listings were sold for the listed price.