Is 77617, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77617 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 77617 has remained a Seller's Market.

Key Takeaway

77617 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77617, TX cost?

Median Sold Price

$366,000

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$56,250(+18.2%)

Key Takeaway

Homes in 77617 have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 -$225K
N/A
2 -$324.9K
N/A
3 $325K$450K
+38.5%
4 $275K$570.6K
+107.5%
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

77650
+25.4%
77617
+18.2%
77514
-0.7%

How many homes are available in 77617, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
11110.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 32
-33.3%
3 54
-20.0%
4 10
-100.0%
5+ 25
+150.0%

Number of Homes Sold

Sep 2021Oct 2021%
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77617, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
57 Days49 Days-13.2%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77617 are selling fast, if you're buying plan to act quickly.

About 77617, TX

There are 11 homes are for sale in 77617, TX real estate market. In October 2021 median list price was $366,000 and the average listing age was 49 days. This housing market listing prices have changed between September 2021 and October 2021: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 38.5%, 4 bedrooms properties became 107.5% more expensive, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 33.3%, the quantity of 3 bedrooms homes went down by 20%, 4 bedrooms homes inventory decreased by 100%, the quantity of 5 bedrooms homes went up by 150%. In October 2021 more than 0 listings in 77617, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.