$6,519 Closing Credit*
$549,000
2,642 SqFt
3 Beds
•2 Full Baths, 1 Partial
Nighat Ijaz, Listing Office: HomeSmart
Is 77328, 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, 77328 was a Seller's Market.
Key Takeaway
77328 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77328, TX
How much do homes in 77328, TX cost?
Median Sold Price
$290,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,500(+8.8%)
Key Takeaway
Homes in 77328 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 77328 was $290,000 in October 2024, up 8.8% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188.7K | $140K | -25.8% |
| 2 Bedrooms | $176K | $250K | +42.0% |
| 3 Bedrooms | $265K | $270K | +1.9% |
| 4 Bedrooms | $298K | $386.5K | +29.7% |
| 5+ Bedrooms | $465.9K | $482.5K | +3.5% |
Summary: 77328 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.8%, 2 bedroom homes increased by 42%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in 77328, TX
How many homes are available in 77328, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 114 | +26.7% |
Summary: The 77328 real estate market had 114 homes for sale in October 2024, a 26.7% 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 | 9 | 6 | -33.3% |
| 3 Bedrooms | 44 | 63 | +43.2% |
| 4 Bedrooms | 28 | 31 | +10.7% |
| 5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The 77328 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 decreased by 33.3%, 3 bedroom homes increased by 43.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77328, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 77328 in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 77328, TX
How long does it take to sell a home in 77328, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 82 Days | +17.5% |
Summary: Homes in 77328 had an average of 82 days on market in Oct 2024, up by 17.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 77328 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 9 homes were sold in 77328; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
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