Is 77303, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77303 is a buyer's market

Buyer's
Market

Difference Since November 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

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$21,606(-7.6%)

Key Takeaway

Homes in 77303 have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in 77303 was $262,900 in November 2024, down 7.6% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K$85K
-46.9%
2 $189.5K$217K
+14.5%
3 $250K$245K
-2.0%
4 $335.6K$313.6K
-6.5%
5+ $391.7K$320K
-18.3%

Summary: 77303 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.9%, 2 bedroom homes increased by 14.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 18.3%.

Median Sold Price Compared To Nearby Zip Codes

77304
+1.5%
77301
+0.7%
77306
+0.6%
77378
-1.9%
77303
-7.6%

Housing Supply in 77303, TX

How many homes are available in 77303, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
148169+14.2%

Summary: The 77303 real estate market had 169 homes for sale in November 2024, a 14.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 85101
+18.8%
4 5458
+7.4%
5+ 45
+25.0%

Summary: The 77303 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 remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77303, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 77303 in November 2024, up by 13.3% month-over-month. Of the 17 sold homes, 59% were sold under asking, 41% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
44 Days65 Days+47.2%

Summary: Homes in 77303 had an average of 65 days on market in Nov 2024, up by 47.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77303 has remained consistent over time.

Summary: During November 2024, 17 homes were sold in 77303; 35% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 24% 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 21 Days Ago

Newest Listings in 77303, TX

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