Is 77835, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77835 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 77835 has remained a Buyer's Market.

Key Takeaway

77835 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77835, TX

How much do homes in 77835, TX cost?

Median Sold Price

$585,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$230,000(+64.8%)

Key Takeaway

Homes in 77835 have sold for 64.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $355K-
N/A
4 -$585K
N/A
5+ --
N/A

Summary: 77835 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

77835
+64.8%
78954
-68.2%

Housing Supply in 77835, TX

How many homes are available in 77835, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1516+6.7%

Summary: The 77835 real estate market had 16 homes for sale in April 2024, a 6.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 88
0.0%
4 56
+20.0%
5+ 11
0.0%

Summary: The 77835 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 remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77835, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 77835 in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 77835, TX

How long does it take to sell a home in 77835, TX?

Average Sale Time

Mar 2024Apr 2024CHANGE
57 Days399 Days+600.0%

Summary: Homes in 77835 had an average of 399 days on market in Apr 2024, up by 600% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 77835 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in 77835; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in 77835, TX

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