Is 77833, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77833 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77833 was a Seller's Market.

Key Takeaway

77833 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77833, TX cost?

Median Sold Price

$314,202

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$26,702(+9.3%)

Key Takeaway

Homes in 77833 have sold for 9.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $682.5K$245K
-64.1%
2 $190.5K$215K
+12.9%
3 $268K$297K
+10.8%
4 $415K$429.5K
+3.5%
5+ $719K$887.5K
+23.4%

Median Sold Price Compared To Nearby Zip Codes

77835
+55.3%
77833
+9.3%
77426
-11.1%

How many homes are available in 77833, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
134129-3.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 1810
-44.4%
3 7372
-1.4%
4 3739
+5.4%
5+ 57
+40.0%

Number of Homes Sold

Sep 2022Oct 2022%
2916-44.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77833, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
14 Days44 Days+205.7%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77833 has remained consistent over time.

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

About 77833, TX

There are 129 homes are for sale in 77833, TX real estate market. The inventory of homes for sale in 77833, TX between September 2022 and October 2022 decreased by 3.7%. Listings spent 44 days on the market in October 2022, and had a median list price of $314,202 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 decreased by 64.1%, 2 bedrooms properties prices increased by 12.9%, 3 bedrooms properties became 10.8% more expensive, the cost of 4 bedrooms properties went up by 3.5%, the cost of 5 bedrooms properties went up by 23.4%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 44.4%, the quantity of 3 bedrooms homes went down by 1.4%, the quantity of 4 bedrooms homes went up by 5.4%, 5 bedrooms homes inventory increased by 40%. 77833, TX housing market in October 2022 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 14 sold below.