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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77339 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 77339 was a Seller's Market.

Key Takeaway

77339 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 77339, TX

How much do homes in 77339, TX cost?

Median Sold Price

$309,200

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,200(+3.1%)

Key Takeaway

Homes in 77339 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 77339 was $309,200 in November 2024, up 3.1% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $212.5K$169.9K
-20.0%
3 $258.6K$265K
+2.5%
4 $325K$330K
+1.5%
5+ $451.7K$471K
+4.3%

Summary: 77339 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

77365
+9.8%
77345
+5.3%
77339
+3.1%
77346
+1.5%
77338
+1.2%

Housing Supply in 77339, TX

How many homes are available in 77339, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
196216+10.2%

Summary: The 77339 real estate market had 216 homes for sale in November 2024, a 10.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 7578
+4.0%
4 100114
+14.0%
5+ 1620
+25.0%

Summary: The 77339 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 decreased by 20%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4336-16.3%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 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. 63.9% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 77339 in November 2024, down by 16.3% month-over-month. Of the 36 sold homes, 64% were sold under asking, 22% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
40 Days32 Days-20.5%

Summary: Homes in 77339 had an average of 32 days on market in Nov 2024, down by 20.5% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 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 November 2024, 36 homes were sold in 77339; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 77339, TX

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