$450,000
11.37 Acres
Land
Steven Brown, Listing Office: Tejas Land Co.
Is 77303, 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, 77303 was a Seller's Market.
Key Takeaway
77303 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77303, TX
How much do homes in 77303, TX cost?
Median Sold Price
$262,900
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$29,100(-10.0%)
Key Takeaway
Homes in 77303 have sold for 10% less than they did a year ago.
Summary: The median home sold price in 77303 was $262,900 in October 2024, down 10% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $85K | -46.9% |
| 2 Bedrooms | $194.7K | $225K | +15.5% |
| 3 Bedrooms | $263.9K | $245K | -7.2% |
| 4 Bedrooms | $365K | $307.5K | -15.8% |
| 5+ Bedrooms | $390K | $320K | -17.9% |
Summary: 77303 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.9%, 2 bedroom homes increased by 15.5%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 17.9%.
Housing Supply in 77303, TX
How many homes are available in 77303, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 140 | 173 | +23.6% |
Summary: The 77303 real estate market had 173 homes for sale in October 2024, a 23.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 76 | 95 | +25.0% |
| 4 Bedrooms | 55 | 68 | +23.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 77303 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 20%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 12 | -58.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77303, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 77303 in October 2024, down by 58.6% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 77303, TX
How long does it take to sell a home in 77303, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 62 Days | +19.8% |
Summary: Homes in 77303 had an average of 62 days on market in Oct 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77303 has remained consistent over time.
Summary: During October 2024, 12 homes were sold in 77303; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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