Is 77584, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77584 is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, 77584 has remained a Seller's Market.

Key Takeaway

77584 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77584, TX cost?

Median Sold Price

$365,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$43,892(+13.7%)

Key Takeaway

Homes in 77584 have sold for 13.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $194.6K$175K
-10.1%
2 $210K$234.5K
+11.7%
3 $270K$320K
+18.5%
4 $350K$400K
+14.3%
5+ $417.5K$500K
+19.8%

Median Sold Price Compared To Nearby Zip Codes

77047
+15.6%
77581
+14.5%
77584
+13.7%
77578
+9.5%
77048
+5.3%

How many homes are available in 77584, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
211201-4.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 1115
+36.4%
3 7262
-13.9%
4 107106
-0.9%
5+ 2118
-14.3%

Number of Homes Sold

Nov 2022Dec 2022%
6052-13.3%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77584, you may be able to get a good deal. 71.2% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
17 Days36 Days+113.0%

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77584 has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 77584, TX

There are 201 homes are for sale in 77584, TX real estate market. The number of homes for sale in 77584, TX decreased by 4.7% between November 2022 and December 2022. In December 2022 median list price was $365,000 and the average listing age was 36 days. Listing prices have changed in this real estate market between November 2022 and December 2022: 1 bedroom properties prices decreased by 10.1%, prices of 2 bedrooms properties increased by 11.7%, 3 bedrooms properties prices increased by 18.5%, prices of 4 bedrooms properties went up by 14.3%, prices of 5 bedrooms properties increased by 19.8%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 36.4%, volume of 3 bedrooms homes went down by 13.9%, the quantity of 4 bedrooms homes went down by 0.9%, 5 bedrooms homes became 14.3% less available. Over 8 listings were sold over their listed price in December 2022 in 77584, TX. In the same period over 37 listings were sold below the listed price and 7 listings were sold for the listed price.