Is 77868, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77868 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 77868 was a Neutral Market.

Key Takeaway

77868 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77868, TX cost?

Median Sold Price

$235,000

$155/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2021.

Key Takeaway

The sold price of homes in 77868 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $147.5K$305.9K
+107.4%
2 $110K$195K
+77.3%
3 $225K$235K
+4.4%
4 $407.5K$284.5K
-30.2%
5+ $405K$1.3M
+232.1%

Median Sold Price Compared To Nearby Zip Codes

77830
+16.7%
77868
0.0%

How many homes are available in 77868, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
3036+20.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 23
+50.0%
2 47
+75.0%
3 1314
+7.7%
4 66
0.0%
5+ 56
+20.0%

Number of Homes Sold

Sep 2022Oct 2022%
45+25.0%

Asking Price vs. Sold Price

3 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 77868, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
55 Days68 Days+22.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77868 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 77868, TX

77868, TX has 36 homes for sale to choose from. In October 2022 in 77868, TX there were 20% more homes for sale than in September 2022. The median list price of listings available in October 2022 was $235,000, while the average time on the real estate market was 68 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 107.4%, prices of 2 bedrooms properties increased by 77.3%, 3 bedrooms properties became 4.4% more expensive, 4 bedrooms properties prices decreased by 30.2%, the cost of 5 bedrooms properties went up by 232.1%. This housing market inventory have changed: 1 bedroom homes inventory increased by 50%, number of 2 bedrooms homes increased by 75%, 3 bedrooms homes became 7.7% more available, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes went up by 20%. While more than 2 listings in 77868, TX in October 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.