$7,481 Closing Credit*
$630,000
2,779 SqFt
4 Beds
•3 Full Baths
Oscar Morales Velandia, Listing Office: Keller Williams Realty Metropolitan
Is 77327, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 77327 has remained a Buyer's Market.
Key Takeaway
77327 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77327, TX
How much do homes in 77327, TX cost?
Median Sold Price
$248,382
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,387(+5.7%)
Key Takeaway
Homes in 77327 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 77327 was $248,382 in November 2024, up 5.7% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148.4K | $91K | -38.7% |
| 2 Bedrooms | $185K | $140.7K | -23.9% |
| 3 Bedrooms | $220.3K | $239.9K | +8.9% |
| 4 Bedrooms | $270K | $264K | -2.2% |
| 5+ Bedrooms | $285K | $257.4K | -9.7% |
Summary: 77327 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.7%, 2 bedroom homes decreased by 23.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Zip Codes
| 77327 | $234.9K | $248.3K | +5.7% |
| 77372 | $257.9K | $244K | -5.4% |
Housing Supply in 77327, TX
How many homes are available in 77327, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 281 | 298 | +6.0% |
Summary: The 77327 real estate market had 298 homes for sale in November 2024, a 6.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 28 | 31 | +10.7% |
| 3 Bedrooms | 130 | 133 | +2.3% |
| 4 Bedrooms | 88 | 97 | +10.2% |
| 5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The 77327 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 22 | -18.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77327, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 77327 in November 2024, down by 18.5% month-over-month. Of the 22 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for 77327, TX
How long does it take to sell a home in 77327, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 127 Days | +87.2% |
Summary: Homes in 77327 had an average of 127 days on market in Nov 2024, up by 87.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 77327 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 22 homes were sold in 77327; 36% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
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