Is 77039, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77039 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 77039 was a Seller's Market.

Key Takeaway

77039 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 77039, TX

How much do homes in 77039, TX cost?

Median Sold Price

$200,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,000(+13.0%)

Key Takeaway

Homes in 77039 have sold for 13% more than they did a year ago.

Summary: The median home sold price in 77039 was $200,000 in December 2024, up 13% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $130K$2.4M
+1746.2%
2 $109.9K$91.2K
-17.0%
3 $190.7K$200K
+4.9%
4 $212K$235K
+10.8%
5+ $274K$251K
-8.4%

Summary: 77039 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1746.2%, 2 bedroom homes decreased by 17%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 8.4%.

Median Sold Price Compared To Nearby Zip Codes

77039
+13.0%
77093
-2.9%

Housing Supply in 77039, TX

How many homes are available in 77039, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5459+9.3%

Summary: The 77039 real estate market had 59 homes for sale in December 2024, a 9.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 77
0.0%
3 2834
+21.4%
4 1214
+16.7%
5+ 53
-40.0%

Summary: The 77039 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77039, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 77039 in December 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.

Days on Market for 77039, TX

How long does it take to sell a home in 77039, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
37 Days53 Days+41.3%

Summary: Homes in 77039 had an average of 53 days on market in Dec 2024, up by 41.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77039 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 9 homes were sold in 77039; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% 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 2 Days Ago

Newest Listings in 77039, TX

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