Is 77036, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77036 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77036 was a Seller's Market.

Key Takeaway

77036 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 77036, TX

How much do homes in 77036, TX cost?

Median Sold Price

$190,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,500(-8.0%)

Key Takeaway

Homes in 77036 have sold for 8% less than they did a year ago.

Summary: The median home sold price in 77036 was $190,000 in October 2024, down 8% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60K$77.7K
+29.6%
2 $129K$118K
-8.5%
3 $259.2K$262.4K
+1.2%
4 $309.9K$310.5K
0.2%
5+ $360K$315K
-12.5%

Summary: 77036 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.6%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 12.5%.

Median Sold Price Compared To Nearby Zip Codes

77042
+41.3%
77063
+18.6%
77074
+8.0%
77072
+5.1%
77036
-8.0%

Housing Supply in 77036, TX

How many homes are available in 77036, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
101132+30.7%

Summary: The 77036 real estate market had 132 homes for sale in October 2024, a 30.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1924
+26.3%
2 4154
+31.7%
3 2534
+36.0%
4 1314
+7.7%
5+ 36
+100.0%

Summary: The 77036 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.3%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 36%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1520+33.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77036, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 77036 in October 2024, up by 33.3% month-over-month. Of the 20 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.

Days on Market for 77036, TX

How long does it take to sell a home in 77036, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days44 Days+11.3%

Summary: Homes in 77036 had an average of 44 days on market in Oct 2024, up by 11.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77036 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 77036; 45% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 20% 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 77036, TX

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