Is 77091, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77091 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 77091 was a Seller's Market.

Key Takeaway

77091 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77091, TX

How much do homes in 77091, TX cost?

Median Sold Price

$335,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$100(0.0%)

Key Takeaway

The sold price of homes in 77091 has remained the same since last year.

Summary: The median home sold price in 77091 was $335,000 in December 2024, the same as last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $185K$305K
+64.9%
2 $129.5K$140K
+8.1%
3 $334.9K$339.9K
+1.5%
4 $350K$355K
+1.4%
5+ $382.5K$415K
+8.5%

Summary: 77091 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.9%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Zip Codes

77076
+8.0%
77018
+6.3%
77092
+3.2%
77088
+2.4%
77091
0.0%

Housing Supply in 77091, TX

How many homes are available in 77091, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
177214+20.9%

Summary: The 77091 real estate market had 214 homes for sale in December 2024, a 20.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 54
-20.0%
2 2223
+4.5%
3 130164
+26.2%
4 1618
+12.5%
5+ 45
+25.0%

Summary: The 77091 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 26.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77091, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in 77091 in December 2024, up by 20.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 56% were sold at asking, and 0% were sold over asking.

Days on Market for 77091, TX

How long does it take to sell a home in 77091, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
14 Days26 Days+84.9%

Summary: Homes in 77091 had an average of 26 days on market in Dec 2024, up by 84.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77091 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 18 homes were sold in 77091; 61% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in 77091, TX

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