Is 77833, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 77833 was a Seller's Market.
Housing Prices in 77833, TX
How much do homes in 77833, TX cost?
Median Sold Price
$315,333
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 77833 was $315,333 in March 2024, up 2.2% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.3M | $815K | -37.4% |
2 Bedrooms | $220K | $208.7K | -5.1% |
3 Bedrooms | $304K | $294.8K | -3.0% |
4 Bedrooms | $402.1K | $375K | -6.7% |
5+ Bedrooms | $925K | $477.5K | -48.4% |
Summary: 77833 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.4%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 48.4%.
Housing Supply in 77833, TX
How many homes are available in 77833, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
123 | 159 | +29.3% |
Summary: The 77833 real estate market had 159 homes for sale in March 2024, a 29.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 12 | 20 | +66.7% |
3 Bedrooms | 74 | 87 | +17.6% |
4 Bedrooms | 29 | 41 | +41.4% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 77833 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 41.4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 25 | +150.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 77833 in March 2024, up by 150.0% month-over-month. Of the 25 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 77833, TX
How long does it take to sell a home in 77833, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 74 Days | -7.6% |
Summary: Homes in 77833 had an average of 74 days on market in Mar 2024, down by 7.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in 77833; 40% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.