Is 77590, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77590 was a Seller's Market.
Housing Prices in 77590, TX
How much do homes in 77590, TX cost?
Median Sold Price
$195,333
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77590 was $195,333 in March 2024, down 4.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $130K | $140K | +7.7% |
3 Bedrooms | $196.5K | $195K | -0.8% |
4 Bedrooms | $250.5K | $257.9K | +3.0% |
5+ Bedrooms | $340K | $175K | -48.5% |
Summary: 77590 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 increased by 7.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 48.5%.
Housing Supply in 77590, TX
How many homes are available in 77590, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
131 | 156 | +19.1% |
Summary: The 77590 real estate market had 156 homes for sale in March 2024, a 19.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 17 | +70.0% |
3 Bedrooms | 80 | 86 | +7.5% |
4 Bedrooms | 37 | 45 | +21.6% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 77590 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 70%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 19 | -17.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 77590 in March 2024, down by 17.4% month-over-month. Of the 19 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.
Days on Market for 77590, TX
How long does it take to sell a home in 77590, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 64 Days | +23.3% |
Summary: Homes in 77590 had an average of 64 days on market in Mar 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 77590; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.