Is 77831, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77831 is a seller's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 77831 was a Buyer's Market.

Key Takeaway

77831 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77831, TX cost?

Median Sold Price

$245,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$13,750(+5.9%)

Key Takeaway

Homes in 77831 have sold for 5.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $123K-
N/A
2 $182.5K$387.4K
+112.3%
3 $285K$252K
-11.6%
4 $179.9K$231.1K
+28.5%
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

77864
+43.9%
77872
+33.8%
77831
+5.9%

How many homes are available in 77831, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
1817-5.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 01
+100.0%
2 21
-50.0%
3 108
-20.0%
4 56
+20.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77831, 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%
54 Days55 Days+1.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77831 are selling fast, if you're buying plan to act quickly.

About 77831, TX

77831, TX has 17 homes for sale to choose from. In October 2021 in 77831, TX there were 5.6% less homes for sale than in September 2021. In October 2021 median list price was $245,000 and the average listing age was 55 days. Real estate listing prices changed between September 2021 and October 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 112.3%, prices of 3 bedrooms properties went down by 11.6%, 4 bedrooms properties became 28.5% more expensive, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 100%, the quantity of 2 bedrooms homes went down by 50%, volume of 3 bedrooms homes went down by 20%, 4 bedrooms homes inventory increased by 20%, the quantity of 5 bedrooms homes have not changed. Over 1 listings were sold over their listed price in October 2021 in 77831, TX. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price.