Is 77093, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77093 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 77093 has remained a Buyer's Market.

Key Takeaway

77093 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77093, TX

How much do homes in 77093, TX cost?

Median Sold Price

$200,500

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$500(+0.3%)

Key Takeaway

The sold price of homes in 77093 has remained the same since last year.

Summary: The median home sold price in 77093 was $200,500 in October 2024, up 0.3% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $140K$140K
0.0%
3 $207.5K$217.5K
+4.8%
4 $226.5K$203.5K
-10.2%
5+ $227.4K$217.5K
-4.4%

Summary: 77093 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 did not change, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

77039
+15.1%
77016
+5.9%
77022
+3.9%
77093
0.3%

Housing Supply in 77093, TX

How many homes are available in 77093, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4954+10.2%

Summary: The 77093 real estate market had 54 homes for sale in October 2024, a 10.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 2827
-3.6%
4 58
+60.0%
5+ 1011
+10.0%

Summary: The 77093 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 33.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77093, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 77093 in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 77093, TX

How long does it take to sell a home in 77093, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days29 Days-48.5%

Summary: Homes in 77093 had an average of 29 days on market in Oct 2024, down by 48.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77093 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 77093; 50% of homes were sold within 30 days, 50% 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 14 Days Ago

Newest Listings in 77093, TX

Nearby Markets to 77093, TX