$4,976 Closing Credit*
$419,000
1,396 SqFt
3 Beds
•2 Full Baths
Will Puente, Listing Office: Savvy Way Realty
Is 77080, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 77080 was a Seller's Market.
Key Takeaway
77080 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77080, TX
How much do homes in 77080, TX cost?
Median Sold Price
$395,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+5.3%)
Key Takeaway
Homes in 77080 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 77080 was $395,000 in November 2024, up 5.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $130K | +4.0% |
| 2 Bedrooms | $330K | $284.5K | -13.8% |
| 3 Bedrooms | $369.9K | $370.2K | 0.1% |
| 4 Bedrooms | $465.7K | $505K | +8.4% |
| 5+ Bedrooms | $486.2K | $845.7K | +73.9% |
Summary: 77080 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 73.9%.
Housing Supply in 77080, TX
How many homes are available in 77080, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 185 | 189 | +2.2% |
Summary: The 77080 real estate market had 189 homes for sale in November 2024, a 2.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 115 | 115 | 0.0% |
| 4 Bedrooms | 49 | 52 | +6.1% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 77080 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 24 | -51.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 77080, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 77080 in November 2024, down by 51.0% month-over-month. Of the 24 sold homes, 67% were sold under asking, 29% were sold at asking, and 4% were sold over asking.
Days on Market for 77080, TX
How long does it take to sell a home in 77080, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 40 Days | +25.5% |
Summary: Homes in 77080 had an average of 40 days on market in Nov 2024, up by 25.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77080 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 77080; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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