Is 77004, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 77004 was a Seller's Market.
Housing Prices in 77004, TX
How much do homes in 77004, TX cost?
Median Sold Price
$410,447
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77004 was $410,447 in April 2024, up 0.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $285.8K | +16.7% |
2 Bedrooms | $333.5K | $334.1K | 0.2% |
3 Bedrooms | $424.4K | $427.5K | +0.7% |
4 Bedrooms | $437K | $552.5K | +26.4% |
5+ Bedrooms | $565.5K | $672.4K | +18.9% |
Summary: 77004 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 18.9%.
Housing Supply in 77004, TX
How many homes are available in 77004, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
257 | 294 | +14.4% |
Summary: The 77004 real estate market had 294 homes for sale in April 2024, a 14.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 25 | 28 | +12.0% |
2 Bedrooms | 52 | 59 | +13.5% |
3 Bedrooms | 148 | 171 | +15.5% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The 77004 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 15.5%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 33 | -23.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 77004 in April 2024, down by 23.3% month-over-month. Of the 33 sold homes, 64% were sold under asking, 30% were sold at asking, and 6% were sold over asking.
Days on Market for 77004, TX
How long does it take to sell a home in 77004, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 51 Days | +12.4% |
Summary: Homes in 77004 had an average of 51 days on market in Apr 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 77004; 52% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.