Is 77713, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77713 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 77713 has remained a Seller's Market.

Key Takeaway

77713 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77713, TX cost?

Median Sold Price

$305,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$53,218(+21.1%)

Key Takeaway

Homes in 77713 have sold for 21.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $56K-
N/A
3 $220K$260K
+18.2%
4 $340K$350K
+2.9%
5+ $324.5K$549.9K
+69.5%

Median Sold Price Compared To Nearby Zip Codes

77713
+21.1%
77706
+10.3%

How many homes are available in 77713, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
2522-12.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 11
0.0%
3 98
-11.1%
4 1412
-14.3%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
84-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77713, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days110 Days+339.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 77713 are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About 77713, TX

There are 22 homes are for sale in 77713, TX real estate market. The number of listings in 77713, TX decreased by 12% between September 2022 and October 2022. Listings spent 110 days on the market in October 2022, and had a median list price of $305,000 during the same period. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices 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 18.2%, prices of 4 bedrooms properties went up by 2.9%, 5 bedrooms properties prices increased by 69.5%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, the quantity of 3 bedrooms homes went down by 11.1%, 4 bedrooms homes inventory decreased by 14.3%, number of 5 bedrooms homes remained the same. In October 2022, from all listings sold in 77713, TX there were more than 1 sold above asking price, over 1 sold below and more than 2 were sold right at the asked price.