Is 77019, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77019 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 77019 was a Seller's Market.

Key Takeaway

77019 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77019, TX

How much do homes in 77019, TX cost?

Median Sold Price

$677,500

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$875(-0.1%)

Key Takeaway

The sold price of homes in 77019 has remained the same since last year.

Summary: The median home sold price in 77019 was $677,500 in November 2024, down 0.1% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $223K$302.5K
+35.7%
2 $395.5K$389K
-1.6%
3 $660K$650K
-1.5%
4 $1.3M$1.0M
-21.6%
5+ $4.3M$4.0M
-7.6%

Summary: 77019 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.7%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes decreased by 7.6%.

Median Sold Price Compared To Nearby Zip Codes

77002
+6.5%
77006
+3.8%
77007
+1.2%
77019
-0.1%
77098
-2.4%

Housing Supply in 77019, TX

How many homes are available in 77019, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
180187+3.9%

Summary: The 77019 real estate market had 187 homes for sale in November 2024, a 3.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1113
+18.2%
2 5256
+7.7%
3 5856
-3.4%
4 3841
+7.9%
5+ 2121
0.0%

Summary: The 77019 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3718-51.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77019, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 77019 in November 2024, down by 51.4% month-over-month. Of the 18 sold homes, 83% were sold under asking, 11% were sold at asking, and 6% were sold over asking.

Days on Market for 77019, TX

How long does it take to sell a home in 77019, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days35 Days+69.5%

Summary: Homes in 77019 had an average of 35 days on market in Nov 2024, up by 69.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77019 has remained consistent over time.

Summary: During November 2024, 18 homes were sold in 77019; 44% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 77019, TX

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