Is 77065, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77065 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 77065 was a Seller's Market.

Key Takeaway

77065 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 77065, TX

How much do homes in 77065, TX cost?

Median Sold Price

$298,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+1.0%)

Key Takeaway

Homes in 77065 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 77065 was $298,000 in November 2024, up 1% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $218.5K$237.5K
+8.7%
3 $265.5K$269K
+1.3%
4 $355K$337.5K
-4.9%
5+ $450K$385K
-14.4%

Summary: 77065 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 8.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 14.4%.

Median Sold Price Compared To Nearby Zip Codes

77041
+7.3%
77064
+5.7%
77070
+2.3%
77065
+1.0%
77095
0.1%

Housing Supply in 77065, TX

How many homes are available in 77065, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7994+19.0%

Summary: The 77065 real estate market had 94 homes for sale in November 2024, a 19.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 4252
+23.8%
4 3136
+16.1%
5+ 34
+33.3%

Summary: The 77065 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 33.3%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77065, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 77065 in November 2024, up by 16.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.

Days on Market for 77065, TX

How long does it take to sell a home in 77065, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days30 Days+6.1%

Summary: Homes in 77065 had an average of 30 days on market in Nov 2024, up by 6.1% compared to last year.

Breakdown of Home Sale Times

9 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 77065 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in 77065; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% 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 77065, TX

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