Is 77084, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77084 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77084 was a Seller's Market.

Key Takeaway

77084 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77084, TX

How much do homes in 77084, TX cost?

Median Sold Price

$280,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,766(+0.6%)

Key Takeaway

Homes in 77084 have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in 77084 was $280,000 in October 2024, up 0.6% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $149K$89K
-40.3%
2 $202K$196K
-3.0%
3 $257.4K$259.6K
+0.9%
4 $310K$320.6K
+3.4%
5+ $354K$383.5K
+8.3%

Summary: 77084 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.3%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Zip Codes

77041
+10.9%
77094
+7.8%
77084
+0.6%
77095
0.0%
77449
-0.6%

Housing Supply in 77084, TX

How many homes are available in 77084, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
313386+23.3%

Summary: The 77084 real estate market had 386 homes for sale in October 2024, a 23.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1015
+50.0%
3 157191
+21.7%
4 124147
+18.5%
5+ 2031
+55.0%

Summary: The 77084 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 increased by 21.7%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 55%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5954-8.5%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77084, you may be able to get a good deal. 70.4% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in 77084 in October 2024, down by 8.5% month-over-month. Of the 54 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for 77084, TX

How long does it take to sell a home in 77084, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days29 Days-5.6%

Summary: Homes in 77084 had an average of 29 days on market in Oct 2024, down by 5.6% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77084 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 54 homes were sold in 77084; 65% of homes were sold within 30 days, 28% 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 14 Days Ago

Newest Listings in 77084, TX

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