Is 77573, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77573 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 77573 has remained a Seller's Market.

Key Takeaway

77573 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77573, TX cost?

Median Sold Price

$370,066

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$35,197(+10.5%)

Key Takeaway

Homes in 77573 have sold for 10.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $151.6K$144.5K
-4.7%
2 $208K$289.9K
+39.4%
3 $286K$320K
+11.9%
4 $365K$401.6K
+10.0%
5+ $447.5K$520K
+16.2%

Median Sold Price Compared To Nearby Zip Codes

77573
+10.5%
77598
+10.2%
77586
+9.8%
77058
+5.8%
77565
+3.4%

How many homes are available in 77573, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
288301+4.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 1512
-20.0%
3 102112
+9.8%
4 142147
+3.5%
5+ 2930
+3.4%

Number of Homes Sold

Oct 2022Nov 2022%
7668-10.5%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77573, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
20 Days26 Days+31.4%

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77573 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 77573, TX

77573, TX has 301 homes on the market. In November 2022 in 77573, TX there were 4.5% more homes for sale than in October 2022. Listings spent 26 days on the market in November 2022, and had a median list price of $370,066 during the same period. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices decreased by 4.7%, prices of 2 bedrooms properties increased by 39.4%, 3 bedrooms properties prices increased by 11.9%, prices of 4 bedrooms properties increased by 10%, prices of 5 bedrooms properties went up by 16.2%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 20%, the quantity of 3 bedrooms homes went up by 9.8%, the quantity of 4 bedrooms homes went up by 3.5%, number of 5 bedrooms homes increased by 3.4%. 77573, TX housing market in November 2022 saw over 14 listings sold above listed price, more than 21 sold at listed price and over 33 sold below.