Is 77590, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77590 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77590 was a Seller's Market.

Key Takeaway

77590 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77590, TX cost?

Median Sold Price

$209,624

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$28,949(+16.0%)

Key Takeaway

Homes in 77590 have sold for 16% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$83K
N/A
2 $117K$129.5K
+10.7%
3 $174.2K$205K
+17.6%
4 $244.5K$266K
+8.8%
5+ $171.2K$394K
+130.1%

Median Sold Price Compared To Nearby Zip Codes

77554
+17.8%
77590
+16.0%
77591
+13.3%
77539
+12.9%
77568
+7.0%

How many homes are available in 77590, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
132139+5.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 1920
+5.3%
3 8787
0.0%
4 2427
+12.5%
5+ 25
+150.0%

Number of Homes Sold

Sep 2022Oct 2022%
3915-61.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77590, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
21 Days48 Days+124.5%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77590 are selling fast, if you're buying plan to act quickly.

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

About 77590, TX

Number of homes for sale in 77590, TX real estate market have reached 139. In October 2022 in 77590, TX there were 5.3% more homes for sale than in September 2022. In October 2022, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $209,624. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 10.7%, 3 bedrooms properties became 17.6% more expensive, prices of 4 bedrooms properties went up by 8.8%, the cost of 5 bedrooms properties went up by 130.1%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 5.3% more available, number of 3 bedrooms homes remained the same, number of 4 bedrooms homes increased by 12.5%, number of 5 bedrooms homes increased by 150%. While more than 3 listings in 77590, TX in October 2022 were sold above asking price, there were more than 5 listings sold at asking price, and more than 7 were sold below.