Is 77807, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 77807 has remained a Seller's Market.
Housing Prices in 77807, TX
How much do homes in 77807, TX cost?
Median Sold Price
$262,500
$169/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 77807 was $262,500 in April 2024, down 8.1% from last month, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $285.6K | $262.5K | -8.1% |
4 Bedrooms | $258.5K | - | N/A |
5+ Bedrooms | $1.0M | - | N/A |
Summary: 77807 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
77803 | $250K | $261.4K | +4.6% |
77807 | $285.6K | $262.5K | -8.1% |
77801 | $844.7K | $317.5K | -62.4% |
Housing Supply in 77807, TX
How many homes are available in 77807, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 38 | +5.6% |
Summary: The 77807 real estate market had 38 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 77807 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 77807 in April 2024, the same as the previous month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for 77807, TX
How long does it take to sell a home in 77807, TX?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 21 Days | -69.0% |
Summary: Homes in 77807 had an average of 21 days on market in Apr 2024, down by 69% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 77807; 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.