Is 77069, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77069 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 77069 was a Seller's Market.

Key Takeaway

77069 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77069, TX

How much do homes in 77069, TX cost?

Median Sold Price

$350,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,083(+4.2%)

Key Takeaway

Homes in 77069 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 77069 was $350,000 in November 2024, up 4.2% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135.5K$125.2K
-7.6%
2 $165K$180.4K
+9.4%
3 $317.4K$300K
-5.5%
4 $385K$390.2K
+1.4%
5+ $491.5K$479.5K
-2.4%

Summary: 77069 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

77068
+7.1%
77069
+4.2%
77379
+4.0%
77070
+2.3%
77066
-2.8%

Housing Supply in 77069, TX

How many homes are available in 77069, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
144159+10.4%

Summary: The 77069 real estate market had 159 homes for sale in November 2024, a 10.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 65
-16.7%
2 1922
+15.8%
3 4245
+7.1%
4 5870
+20.7%
5+ 1917
-10.5%

Summary: The 77069 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2920-31.0%

Asking Price vs. Sold Price

14 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 77069, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 77069 in November 2024, down by 31.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for 77069, TX

How long does it take to sell a home in 77069, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days44 Days+34.7%

Summary: Homes in 77069 had an average of 44 days on market in Nov 2024, up by 34.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77069 has remained consistent over time.

Summary: During November 2024, 20 homes were sold in 77069; 40% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 15% 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 17 Days Ago

Newest Listings in 77069, TX

Nearby Markets to 77069, TX