Is 77879, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77879 is a neutral's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 77879 was a Seller's Market.

Key Takeaway

77879 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 77879, TX cost?

Median Sold Price

$194,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$60,083(+44.9%)

Key Takeaway

Homes in 77879 have sold for 44.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $73.7K$136.5K
+85.1%
2 $133.9K$102K
-23.8%
3 $158K$169.9K
+7.5%
4 $120K$315K
+162.5%
5+ -$4.8M
N/A

Median Sold Price Compared To Nearby Zip Codes

77836
+50.4%
77879
+44.9%
77833
+23.3%

How many homes are available in 77879, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
770.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 10
-100.0%
2 24
+100.0%
3 22
0.0%
4 10
-100.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
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 77879, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
52 Days54 Days+2.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77879 has remained consistent over time.

About 77879, TX

Homes for sale in 77879, TX have reached 7. In October 2021 median list price was $194,000 and the average listing age was 54 days. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 85.1% more expensive, prices of 2 bedrooms properties decreased by 23.8%, prices of 3 bedrooms properties increased by 7.5%, prices of 4 bedrooms properties went up by 162.5%, the cost of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes became 100% less available, number of 2 bedrooms homes increased by 100%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes became 100% less available, 5 bedrooms homes inventory did not change. While more than 0 listings in 77879, TX in October 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.