Is 77708, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77708 has remained a Seller's Market.
Housing Prices in 77708, TX
How much do homes in 77708, TX cost?
Median Sold Price
$192,450
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77708 was $192,450 in March 2024, down 28.5% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $156K | $96.5K | -38.1% |
3 Bedrooms | $271K | $195K | -28.0% |
4 Bedrooms | $281.9K | $259.4K | -8.0% |
5+ Bedrooms | - | - | N/A |
Summary: 77708 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 decreased by 38.1%, 3 bedroom homes decreased by 28%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.
Housing Supply in 77708, TX
How many homes are available in 77708, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Summary: The 77708 real estate market had 15 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 77708 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 77708 in March 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 77708, TX
How long does it take to sell a home in 77708, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 27 Days | -46.3% |
Summary: Homes in 77708 had an average of 27 days on market in Mar 2024, down by 46.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 77708; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.