Is 77493, 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, 77493 has remained a Seller's Market.
Housing Prices in 77493, TX
How much do homes in 77493, TX cost?
Median Sold Price
$385,885
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 77493 was $385,885 in May 2024, up 4.2% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $326.3K | $325.8K | -0.2% |
3 Bedrooms | $308K | $319.4K | +3.7% |
4 Bedrooms | $414.5K | $422K | +1.8% |
5+ Bedrooms | $546K | $620K | +13.5% |
Summary: 77493 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 0.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 13.5%.
Housing Supply in 77493, TX
How many homes are available in 77493, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
697 | 799 | +14.6% |
Summary: The 77493 real estate market had 799 homes for sale in May 2024, a 14.6% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 199 | 223 | +12.1% |
4 Bedrooms | 413 | 485 | +17.4% |
5+ Bedrooms | 81 | 87 | +7.4% |
Summary: The 77493 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 12.1%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
112 | 147 | +31.3% |
Asking Price vs. Sold Price
97 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 147 homes were sold or pending in 77493 in May 2024, up by 31.3% month-over-month. Of the 147 sold homes, 66% were sold under asking, 20% were sold at asking, and 14% were sold over asking.
Days on Market for 77493, TX
How long does it take to sell a home in 77493, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 39 Days | -13.7% |
Summary: Homes in 77493 had an average of 39 days on market in May 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
84 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During May 2024, 147 homes were sold in 77493; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.