Is 77581, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77581 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77581 has remained a Seller's Market.

Key Takeaway

77581 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77581, TX cost?

Median Sold Price

$308,730

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$32,418(+11.7%)

Key Takeaway

Homes in 77581 have sold for 11.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $239K$260K
+8.8%
3 $252.1K$275.5K
+9.3%
4 $293K$335.5K
+14.5%
5+ $370K$393.7K
+6.4%

Median Sold Price Compared To Nearby Zip Codes

77048
+14.1%
77075
+13.4%
77584
+13.0%
77581
+11.7%
77089
+11.5%

How many homes are available in 77581, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
167157-6.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 01
+100.0%
2 77
0.0%
3 7572
-4.0%
4 5954
-8.5%
5+ 2623
-11.5%

Number of Homes Sold

Sep 2021Oct 2021%
6252-16.1%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77581, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
32 Days20 Days-36.7%

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77581 are selling fast, if you're buying plan to act quickly.

About 77581, TX

Homes for sale in 77581, TX have reached 157. The inventory of homes for sale in 77581, TX between September 2021 and October 2021 decreased by 6%. In October 2021, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $308,730. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 8.8%, the cost of 3 bedrooms properties went up by 9.3%, prices of 4 bedrooms properties increased by 14.5%, the cost of 5 bedrooms properties went up by 6.4%. This housing market inventory have changed: volume of 1 bedroom homes went up by 100%, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 4% less available, 4 bedrooms homes inventory decreased by 8.5%, 5 bedrooms homes inventory decreased by 11.5%. In October 2021, from all listings sold in 77581, TX there were more than 26 sold above asking price, over 18 sold below and more than 8 were sold right at the asked price.