Is 77568, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77568 has remained a Seller's Market.
Housing Prices in 77568, TX
How much do homes in 77568, TX cost?
Median Sold Price
$239,933
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77568 was $239,933 in March 2024, up 2.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71.2K | $115.4K | +62.0% |
2 Bedrooms | $150K | $141.5K | -5.7% |
3 Bedrooms | $220K | $225K | +2.3% |
4 Bedrooms | $275.5K | $280K | +1.6% |
5+ Bedrooms | $265K | $274.8K | +3.7% |
Summary: 77568 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 77568, TX
How many homes are available in 77568, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 110 | +12.2% |
Summary: The 77568 real estate market had 110 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 65 | 67 | +3.1% |
4 Bedrooms | 21 | 26 | +23.8% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 77568 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 77568 in March 2024, up by 35.7% month-over-month. Of the 19 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% were sold over asking.
Days on Market for 77568, TX
How long does it take to sell a home in 77568, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 27 Days | -52.6% |
Summary: Homes in 77568 had an average of 27 days on market in Mar 2024, down by 52.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 77568; 63% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.