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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77019 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 77019 has remained a Seller's Market.

Key Takeaway

77019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77019, TX

How much do homes in 77019, TX cost?

Median Sold Price

$674,416

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,666(+0.8%)

Key Takeaway

Homes in 77019 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 77019 was $674,416 in October 2024, up 0.8% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $230K$261.5K
+13.7%
2 $390K$390K
0.0%
3 $652K$659.5K
+1.2%
4 $1.3M$1.0M
-20.7%
5+ $4.0M$3.8M
-5.3%

Summary: 77019 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

77098
+7.5%
77006
+5.5%
77019
+0.8%
77007
+0.8%
77002
0.4%

Housing Supply in 77019, TX

How many homes are available in 77019, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
176209+18.8%

Summary: The 77019 real estate market had 209 homes for sale in October 2024, a 18.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1012
+20.0%
2 5560
+9.1%
3 5868
+17.2%
4 3246
+43.8%
5+ 2123
+9.5%

Summary: The 77019 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2838+35.7%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were 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. 65.8% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 77019 in October 2024, up by 35.7% month-over-month. Of the 38 sold homes, 66% were sold under asking, 24% were sold at asking, and 11% 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

Oct 2023Oct 2024CHANGE
47 Days32 Days-31.1%

Summary: Homes in 77019 had an average of 32 days on market in Oct 2024, down by 31.1% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77019 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 38 homes were sold in 77019; 68% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 13% 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 14 Days Ago

Newest Listings in 77019, TX

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