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 October 2023

At the same time last year, 77026 was a Neutral 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

$222,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,850(+4.6%)

Key Takeaway

Homes in 77026 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 77026 was $222,000 in October 2024, up 4.6% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $256.2K$122K
-52.4%
2 $155.9K$142.7K
-8.5%
3 $226K$235.5K
+4.2%
4 $214.3K$179.5K
-16.2%
5+ $330K$250K
-24.2%

Summary: 77026 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.4%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes decreased by 24.2%.

Median Sold Price Compared To Nearby Zip Codes

77026
+4.6%
77028
+4.0%
77009
+1.6%
77002
0.4%
77020
-6.4%

Housing Supply in 77026, TX

How many homes are available in 77026, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108145+34.3%

Summary: The 77026 real estate market had 145 homes for sale in October 2024, a 34.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 3039
+30.0%
3 6290
+45.2%
4 89
+12.5%
5+ 66
0.0%

Summary: The 77026 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 45.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were 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. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 77026 in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
17 Days53 Days+207.5%

Summary: Homes in 77026 had an average of 53 days on market in Oct 2024, up by 207.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 10 homes were sold in 77026; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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 77026, TX

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