$3,076 Closing Credit*
$259,000
1,443 SqFt
3 Beds
•2 Full Baths, 1 Partial
Soen Sheppard, Listing Office: United Real Estate
Is 77091, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,900(-1.4%)
Key Takeaway
Homes in 77091 have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in 77091 was $335,000 in October 2024, down 1.4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32K | $320K | +898.9% |
| 2 Bedrooms | $110K | $125K | +13.6% |
| 3 Bedrooms | $347K | $339.9K | -2.0% |
| 4 Bedrooms | $344.9K | $365K | +5.8% |
| 5+ Bedrooms | $290K | $415K | +43.1% |
Summary: 77091 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 898.9%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 43.1%.
Housing Supply in 77091, TX
How many homes are available in 77091, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 172 | 217 | +26.2% |
Summary: The 77091 real estate market had 217 homes for sale in October 2024, a 26.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 22 | 23 | +4.5% |
| 3 Bedrooms | 125 | 168 | +34.4% |
| 4 Bedrooms | 13 | 17 | +30.8% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 77091 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 34.4%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 26 | -18.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77091, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 77091 in October 2024, down by 18.8% month-over-month. Of the 26 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 28 Days | -36.4% |
Summary: Homes in 77091 had an average of 28 days on market in Oct 2024, down by 36.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77091 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 77091; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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