Is 77026, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77026 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 77026 was a Seller's Market.

Key Takeaway

77026 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77026, TX

How much do homes in 77026, TX cost?

Median Sold Price

$210,000

$159/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 77026 has remained the same since last year.

Summary: The median home sold price in 77026 was $210,000 in November 2024, the same as last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $256.2K$122K
-52.4%
2 $155K$142.7K
-7.9%
3 $226K$230K
+1.8%
4 $214.3K$174.7K
-18.5%
5+ $285K$250K
-12.3%

Summary: 77026 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.4%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

77002
+6.5%
77028
+1.3%
77026
0.0%
77009
-0.6%
77020
-5.2%

Housing Supply in 77026, TX

How many homes are available in 77026, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
125142+13.6%

Summary: The 77026 real estate market had 142 homes for sale in November 2024, a 13.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 3039
+30.0%
3 8286
+4.9%
4 79
+28.6%
5+ 56
+20.0%

Summary: The 77026 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77026, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 77026 in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for 77026, TX

How long does it take to sell a home in 77026, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days62 Days+34.7%

Summary: Homes in 77026 had an average of 62 days on market in Nov 2024, up by 34.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77026 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 77026; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% 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 77026, TX

Nearby Markets to 77026, TX