Is 77060, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77060 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 77060 has remained a Seller's Market.

Key Takeaway

77060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77060, TX

How much do homes in 77060, TX cost?

Median Sold Price

$180,000

$147/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$13,000(-6.7%)

Key Takeaway

Homes in 77060 have sold for 6.7% less than they did a month ago.

Summary: The median home sold price in 77060 was $180,000 in October 2024, down 6.7% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $60K-
N/A
2 --
N/A
3 $193K$180K
-6.7%
4 $280K-
N/A
5+ --
N/A

Summary: 77060 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

77060
-6.7%
77037
-7.8%

Housing Supply in 77060, TX

How many homes are available in 77060, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2223+4.5%

Summary: The 77060 real estate market had 23 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 23
+50.0%
3 1211
-8.3%
4 56
+20.0%
5+ 00
0.0%

Summary: The 77060 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77060, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 77060 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 77060, TX

How long does it take to sell a home in 77060, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
49 Days18 Days-63.2%

Summary: Homes in 77060 had an average of 18 days on market in Oct 2024, down by 63.2% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77060 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 77060; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 77060, TX

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