Is 77033, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77033 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 77033 was a Seller's Market.

Key Takeaway

77033 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77033, TX

How much do homes in 77033, TX cost?

Median Sold Price

$175,750

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,916(-2.2%)

Key Takeaway

Homes in 77033 have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in 77033 was $175,750 in November 2024, down 2.2% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$125K
N/A
2 $109.9K$115K
+4.6%
3 $175K$159K
-9.1%
4 $215K$219.5K
+2.1%
5+ $318.5K$500K
+57.0%

Summary: 77033 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 increased by 4.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 57%.

Median Sold Price Compared To Nearby Zip Codes

77087
+6.0%
77051
+2.2%
77048
0.4%
77033
-2.2%
77021
-7.6%

Housing Supply in 77033, TX

How many homes are available in 77033, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
153174+13.7%

Summary: The 77033 real estate market had 174 homes for sale in November 2024, a 13.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1514
-6.7%
3 8598
+15.3%
4 4553
+17.8%
5+ 89
+12.5%

Summary: The 77033 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 decreased by 6.7%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2313-43.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77033, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 77033 in November 2024, down by 43.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for 77033, TX

How long does it take to sell a home in 77033, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days50 Days+58.9%

Summary: Homes in 77033 had an average of 50 days on market in Nov 2024, up by 58.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77033 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 77033; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% 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 21 Days Ago

Newest Listings in 77033, TX

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