Is 77339, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77339 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 77339 has remained a Seller's Market.

Key Takeaway

77339 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77339, TX

How much do homes in 77339, TX cost?

Median Sold Price

$309,994

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,994(+3.3%)

Key Takeaway

Homes in 77339 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 77339 was $309,994 in October 2024, up 3.3% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $212.5K$174.9K
-17.7%
3 $258.6K$268K
+3.6%
4 $325K$330K
+1.5%
5+ $453.4K$474K
+4.5%

Summary: 77339 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

77365
+5.5%
77345
+5.1%
77338
+3.4%
77339
+3.3%
77346
+2.1%

Housing Supply in 77339, TX

How many homes are available in 77339, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
191221+15.7%

Summary: The 77339 real estate market had 221 homes for sale in October 2024, a 15.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 7081
+15.7%
4 98117
+19.4%
5+ 1718
+5.9%

Summary: The 77339 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 16.7%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3637+2.8%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77339, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 77339 in October 2024, up by 2.8% month-over-month. Of the 37 sold homes, 59% were sold under asking, 24% were sold at asking, and 16% were sold over asking.

Days on Market for 77339, TX

How long does it take to sell a home in 77339, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days42 Days-12.8%

Summary: Homes in 77339 had an average of 42 days on market in Oct 2024, down by 12.8% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77339 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 37 homes were sold in 77339; 54% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

Newest Listings in 77339, TX

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