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 Last Month

Since last month, 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

$200,000

$140/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$5,000(+2.6%)

Key Takeaway

Homes in 77093 have sold for 2.6% more than they did a month ago.

Summary: The median home sold price in 77093 was $200,000 in November 2024, up 2.6% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$167.4K
N/A
3 $122.5K$200K
+63.3%
4 $200K$206K
+3.0%
5+ $210K$280K
+33.3%

Summary: 77093 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 63.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 33.3%.

Housing Supply in 77093, TX

How many homes are available in 77093, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
49490.0%

Summary: The 77093 real estate market had 49 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 2428
+16.7%
4 86
-25.0%
5+ 107
-30.0%

Summary: The 77093 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 77093 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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 2024Nov 2024CHANGE
29 Days22 Days-23.6%

Summary: Homes in 77093 had an average of 22 days on market in Nov 2024, down by 23.6% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was 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 November 2024, 5 homes were sold in 77093; 80% of homes were sold within 30 days, 20% 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 17 Days Ago

Newest Listings in 77093, TX

Nearby Markets to 77093, TX