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 4 Days Ago

Newest Listings in 77339, TX

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