Is 77586, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77586 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77586 has remained a Seller's Market.

Key Takeaway

77586 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77586, TX cost?

Median Sold Price

$315,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$41,083(+15.0%)

Key Takeaway

Homes in 77586 have sold for 15% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $80.6K$92K
+14.1%
2 $125K$197.5K
+58.0%
3 $253.3K$283K
+11.7%
4 $300K$330K
+10.0%
5+ $338K$379.7K
+12.4%

Median Sold Price Compared To Nearby Zip Codes

77586
+15.0%
77565
+13.1%
77059
+4.7%
77058
+3.6%

How many homes are available in 77586, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
150141-6.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 64
-33.3%
2 1613
-18.8%
3 5252
0.0%
4 5245
-13.5%
5+ 2427
+12.5%

Number of Homes Sold

Sep 2021Oct 2021%
4536-20.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77586, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
27 Days39 Days+47.6%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77586 are selling fast, if you're buying plan to act quickly.

About 77586, TX

77586, TX has 141 homes for sale to choose from. Between September 2021 and October 2021, 77586, TX real estate market has seen decrease in the number of listings by 6%. In October 2021 median list price was $315,000 and the average listing age was 39 days. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties became 14.1% more expensive, the cost of 2 bedrooms properties went up by 58%, the cost of 3 bedrooms properties went up by 11.7%, 4 bedrooms properties became 10% more expensive, prices of 5 bedrooms properties increased by 12.4%. Volume of homes for sale changed: 1 bedroom homes became 33.3% less available, the quantity of 2 bedrooms homes went down by 18.8%, number of 3 bedrooms homes remained the same, the quantity of 4 bedrooms homes went down by 13.5%, 5 bedrooms homes inventory increased by 12.5%. Over 11 listings were sold over their listed price in October 2021 in 77586, TX. In the same period over 17 listings were sold below the listed price and 8 listings were sold for the listed price.