Is 77380, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 77380 has remained a Seller's Market.
Key Takeaway
77380 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77380, TX
How much do homes in 77380, TX cost?
Median Sold Price
$490,750
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 77380 have sold for 23.2% more than they did a year ago.
Summary: The median home sold price in 77380 was $490,750 in May 2024, up 23.2% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $750K | N/A |
| 2 Bedrooms | $500K | $340K | -32.0% |
| 3 Bedrooms | $330K | $354.5K | +7.4% |
| 4 Bedrooms | $440K | $655K | +48.9% |
| 5+ Bedrooms | $1.0M | $1.1M | +4.6% |
Summary: 77380 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 48.9%, and 5+ bedroom homes increased by 4.6%.
Housing Supply in 77380, TX
How many homes are available in 77380, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 100 | 113 | +13.0% |
Summary: The 77380 real estate market had 113 homes for sale in May 2024, a 13.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 43 | 54 | +25.6% |
| 4 Bedrooms | 39 | 39 | 0.0% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 77380 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77380, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 77380 in May 2024, down by 10.3% month-over-month. Of the 26 sold homes, 65% were sold under asking, 23% were sold at asking, and 12% were sold over asking.
Days on Market for 77380, TX
How long does it take to sell a home in 77380, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 58 Days | +140.2% |
Summary: Homes in 77380 had an average of 58 days on market in May 2024, up by 140.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77380 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 26 homes were sold in 77380; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.