$228,000
0.12 Acres
Land
Jordana Ford, Listing Office: Compass RE Texas, LLC - The Heights
Is 77021, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 77021 was a Seller's Market.
Key Takeaway
77021 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77021, TX
How much do homes in 77021, TX cost?
Median Sold Price
$299,333
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$24,666(-7.6%)
Key Takeaway
Homes in 77021 have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in 77021 was $299,333 in November 2024, down 7.6% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $474K | - | N/A |
| 2 Bedrooms | $142.5K | $131.5K | -7.7% |
| 3 Bedrooms | $338K | $320K | -5.3% |
| 4 Bedrooms | $349K | $254.5K | -27.1% |
| 5+ Bedrooms | $416.5K | $542.5K | +30.3% |
Summary: 77021 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes increased by 30.3%.
Housing Supply in 77021, TX
How many homes are available in 77021, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 224 | 242 | +8.0% |
Summary: The 77021 real estate market had 242 homes for sale in November 2024, a 8.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 140 | 154 | +10.0% |
| 4 Bedrooms | 56 | 55 | -1.8% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 77021 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 21 | -25.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77021, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 77021 in November 2024, down by 25.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 29% were sold at asking, and 10% were sold over asking.
Days on Market for 77021, TX
How long does it take to sell a home in 77021, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 43 Days | +15.3% |
Summary: Homes in 77021 had an average of 43 days on market in Nov 2024, up by 15.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77021 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 77021; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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