Is 77429, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 77429 has remained a Seller's Market.
Housing Prices in 77429, TX
How much do homes in 77429, TX cost?
Median Sold Price
$375,200
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 77429 was $375,200 in April 2024, up 0.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114K | $115K | +0.9% |
2 Bedrooms | $199.5K | $225K | +12.8% |
3 Bedrooms | $310K | $309K | -0.3% |
4 Bedrooms | $408.9K | $419.3K | +2.5% |
5+ Bedrooms | $520K | $555K | +6.7% |
Summary: 77429 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 12.8%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in 77429, TX
How many homes are available in 77429, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
324 | 401 | +23.8% |
Summary: The 77429 real estate market had 401 homes for sale in April 2024, a 23.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 111 | 128 | +15.3% |
4 Bedrooms | 163 | 198 | +21.5% |
5+ Bedrooms | 41 | 64 | +56.1% |
Summary: The 77429 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 56.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 92 | +10.8% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 92 homes were sold or pending in 77429 in April 2024, up by 10.8% month-over-month. Of the 92 sold homes, 59% were sold under asking, 22% were sold at asking, and 20% were sold over asking.
Days on Market for 77429, TX
How long does it take to sell a home in 77429, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 32 Days | -4.0% |
Summary: Homes in 77429 had an average of 32 days on market in Apr 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 92 homes were sold in 77429; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.