Is 77845, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77845 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 77845 has remained a Seller's Market.

Key Takeaway

77845 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 77845, TX cost?

Median Sold Price

$350,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$37,083(+11.9%)

Key Takeaway

Homes in 77845 have sold for 11.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$232.5K
N/A
2 $168.7K$232.1K
+37.6%
3 $241K$301.3K
+25.1%
4 $382.4K$554.2K
+44.9%
5+ $587.5K$499.9K
-14.9%

Median Sold Price Compared To Nearby Zip Codes

77802
+13.2%
77845
+11.9%

How many homes are available in 77845, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
109103-5.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 22
0.0%
3 4344
+2.3%
4 4945
-8.2%
5+ 1512
-20.0%

Number of Homes Sold

Sep 2022Oct 2022%
1820+11.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77845, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
33 Days28 Days-12.4%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77845 are selling fast, if you're buying plan to act quickly.

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

About 77845, TX

Homes for sale in 77845, TX have reached 103. Between September 2022 and October 2022, 77845, TX real estate market has seen decrease in the number of listings by 5.5%. Listings spent 28 days on the market in October 2022, and had a median list price of $350,000 during the same period. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 37.6%, prices of 3 bedrooms properties went up by 25.1%, prices of 4 bedrooms properties increased by 44.9%, prices of 5 bedrooms properties decreased by 14.9%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went up by 2.3%, number of 4 bedrooms homes decreased by 8.2%, volume of 5 bedrooms homes went down by 20%. Over 3 listings were sold over their listed price in October 2022 in 77845, TX. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price.