Is 77808, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 77808 has remained a Seller's Market.
Housing Prices in 77808, TX
How much do homes in 77808, TX cost?
Median Sold Price
$525,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77808 was $525,000 in April 2024, up 16% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $430K | - | N/A |
3 Bedrooms | $405K | $430.2K | +6.2% |
4 Bedrooms | $513.5K | $575K | +12.0% |
5+ Bedrooms | $625K | $543.5K | -13.0% |
Summary: 77808 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 13%.
Median Sold Price Compared To Nearby Zip Codes
77808 | $452.5K | $525K | +16.0% |
77802 | $280K | $298.7K | +6.7% |
Housing Supply in 77808, TX
How many homes are available in 77808, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Summary: The 77808 real estate market had 47 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 24 | 29 | +20.8% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 77808 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 7.7%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 77808 in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 77808, TX
How long does it take to sell a home in 77808, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 125 Days | +151.7% |
Summary: Homes in 77808 had an average of 125 days on market in Apr 2024, up by 151.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 77808; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.