Is 77584, 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, 77584 has remained a Seller's Market.
Housing Prices in 77584, TX
How much do homes in 77584, TX cost?
Median Sold Price
$365,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77584 was $365,000 in March 2024, down 0.9% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235K | $228.9K | -2.6% |
3 Bedrooms | $320K | $323.6K | +1.1% |
4 Bedrooms | $408.5K | $400K | -2.1% |
5+ Bedrooms | $525K | $513.5K | -2.2% |
Summary: 77584 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in 77584, TX
How many homes are available in 77584, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
210 | 222 | +5.7% |
Summary: The 77584 real estate market had 222 homes for sale in March 2024, a 5.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 55 | 59 | +7.3% |
4 Bedrooms | 118 | 128 | +8.5% |
5+ Bedrooms | 28 | 25 | -10.7% |
Summary: The 77584 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 11.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 10.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 66 | -1.5% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in 77584 in March 2024, down by 1.5% month-over-month. Of the 66 sold homes, 56% were sold under asking, 24% were sold at asking, and 20% were sold over asking.
Days on Market for 77584, TX
How long does it take to sell a home in 77584, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 33 Days | -11.7% |
Summary: Homes in 77584 had an average of 33 days on market in Mar 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 66 homes were sold in 77584; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.