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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77879 is a buyer's market

Buyer's
Market

Difference Since October 2021

Since last year, 77879 has remained a Buyer's Market.

Key Takeaway

77879 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 77879, TX cost?

Median Sold Price

$190,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$4,000(-2.1%)

Key Takeaway

Homes in 77879 have sold for 2.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $136.5K$66.8K
-51.1%
2 $102K$117K
+14.7%
3 $169.9K$277.8K
+63.5%
4 $315K$462.5K
+46.8%
5+ $4.8M-
N/A

Median Sold Price Compared To Nearby Zip Codes

77835
+55.3%
77833
+9.3%
77879
-2.1%
77836
-17.7%

How many homes are available in 77879, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
1819+5.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 44
0.0%
3 89
+12.5%
4 32
-33.3%
5+ 12
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 2021Oct 2022%
54 Days25 Days-52.8%

Breakdown of Home Sale Times

1 Home Was 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

Many homes in 77879 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 77879, TX

77879, TX has 19 homes for sale to choose from. The number of homes for sale in 77879, TX increased by 5.6% between September 2022 and October 2022. While the average time on the market in October 2022 was 25 days, the median list price was $190,000. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties prices decreased by 51.1%, the cost of 2 bedrooms properties went up by 14.7%, 3 bedrooms properties became 63.5% more expensive, 4 bedrooms properties prices increased by 46.8%, 5 bedrooms properties prices increased by 0%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes increased by 12.5%, volume of 4 bedrooms homes went down by 33.3%, number of 5 bedrooms homes increased by 100%. Over 0 listings were sold over their listed price in October 2022 in 77879, TX. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.