Is 77578, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77578 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77578 has remained a Seller's Market.

Key Takeaway

77578 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77578, TX cost?

Median Sold Price

$359,950

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$50,030(+16.1%)

Key Takeaway

Homes in 77578 have sold for 16.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $280K-
N/A
2 $184.5K$185K
0.3%
3 $255K$275K
+7.8%
4 $321.6K$375K
+16.6%
5+ $407K$421.9K
+3.7%

Median Sold Price Compared To Nearby Zip Codes

77578
+16.1%
77584
+13.0%
77583
+10.9%
77511
+7.0%

How many homes are available in 77578, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
10290-11.8%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 22
0.0%
3 2425
+4.2%
4 6249
-21.0%
5+ 1414
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
3522-37.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77578, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
52 Days27 Days-48.7%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77578 are selling fast, if you're buying plan to act quickly.

About 77578, TX

Homes for sale in 77578, TX have reached 90. The number of homes for sale in 77578, TX decreased by 11.8% between September 2021 and October 2021. Listings spent 27 days on the market in October 2021, and had a median list price of $359,950 during the same period. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 0.3% more expensive, the cost of 3 bedrooms properties went up by 7.8%, prices of 4 bedrooms properties went up by 16.6%, prices of 5 bedrooms properties went up by 3.7%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes increased by 4.2%, volume of 4 bedrooms homes went down by 21%, the quantity of 5 bedrooms homes have not changed. 77578, TX housing market in October 2021 saw over 10 listings sold above listed price, more than 4 sold at listed price and over 8 sold below.