Is 77573, 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, 77573 has remained a Seller's Market.
Housing Prices in 77573, TX
How much do homes in 77573, TX cost?
Median Sold Price
$379,377
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77573 was $379,377 in March 2024, up 0.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $201.2K | +25.8% |
2 Bedrooms | $289.9K | $330K | +13.8% |
3 Bedrooms | $323.1K | $320.8K | -0.7% |
4 Bedrooms | $405K | $421.3K | +4.0% |
5+ Bedrooms | $534K | $530K | -0.7% |
Summary: 77573 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.8%, 2 bedroom homes increased by 13.8%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 77573, TX
How many homes are available in 77573, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
347 | 385 | +11.0% |
Summary: The 77573 real estate market had 385 homes for sale in March 2024, a 11.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 22 | 25 | +13.6% |
3 Bedrooms | 122 | 138 | +13.1% |
4 Bedrooms | 169 | 181 | +7.1% |
5+ Bedrooms | 33 | 40 | +21.2% |
Summary: The 77573 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 21.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 94 | +16.0% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 94 homes were sold or pending in 77573 in March 2024, up by 16.0% month-over-month. Of the 94 sold homes, 56% were sold under asking, 22% were sold at asking, and 21% were sold over asking.
Days on Market for 77573, TX
How long does it take to sell a home in 77573, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 40 Days | +23.4% |
Summary: Homes in 77573 had an average of 40 days on market in Mar 2024, up by 23.4% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 94 homes were sold in 77573; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.