$79,990
1.80 Acres
Land
Valerie Whitehill, Listing Office: Crew Real Estate LLC
Is 77340, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 77340 was a Seller's Market.
Key Takeaway
77340 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77340, TX
How much do homes in 77340, TX cost?
Median Sold Price
$300,000
$154/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in 77340 has remained the same since last year.
Summary: The median home sold price in 77340 was $300,000 in November 2024, the same as last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | $105K | -21.1% |
| 2 Bedrooms | $249.5K | $176K | -29.5% |
| 3 Bedrooms | $315K | $305K | -3.2% |
| 4 Bedrooms | $320K | $350K | +9.4% |
| 5+ Bedrooms | $630K | $409.5K | -35.0% |
Summary: 77340 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes decreased by 29.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 35%.
Housing Supply in 77340, TX
How many homes are available in 77340, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 131 | 148 | +13.0% |
Summary: The 77340 real estate market had 148 homes for sale in November 2024, a 13.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 78 | 89 | +14.1% |
| 4 Bedrooms | 34 | 34 | 0.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 77340 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 increased by 21.4%, 3 bedroom homes increased by 14.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77340, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 77340 in November 2024, up by 38.5% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.
Days on Market for 77340, TX
How long does it take to sell a home in 77340, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 55 Days | +9.5% |
Summary: Homes in 77340 had an average of 55 days on market in Nov 2024, up by 9.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77340 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 77340; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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