$3,146 Closing Credit*
$264,900
1,520 SqFt
3 Beds
•2 Full Baths
Salman Latif, Listing Office: IN House Realty LLC
Is 77083, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 77083 has remained a Seller's Market.
Key Takeaway
77083 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77083, TX
How much do homes in 77083, TX cost?
Median Sold Price
$271,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+0.9%)
Key Takeaway
Homes in 77083 have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in 77083 was $271,500 in October 2024, up 0.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $182K | $185K | +1.6% |
| 3 Bedrooms | $255K | $255K | 0.0% |
| 4 Bedrooms | $299.7K | $300K | 0.1% |
| 5+ Bedrooms | $367.5K | $320K | -12.9% |
Summary: 77083 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 12.9%.
Housing Supply in 77083, TX
How many homes are available in 77083, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 171 | 189 | +10.5% |
Summary: The 77083 real estate market had 189 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 94 | 99 | +5.3% |
| 4 Bedrooms | 62 | 71 | +14.5% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The 77083 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77083, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 77083 in October 2024, the same as the previous month. Of the 37 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for 77083, TX
How long does it take to sell a home in 77083, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 48 Days | +61.8% |
Summary: Homes in 77083 had an average of 48 days on market in Oct 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77083 has remained consistent over time.
Summary: During October 2024, 37 homes were sold in 77083; 41% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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