Is 77346, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77346 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77346 was a Seller's Market.

Key Takeaway

77346 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 77346, TX

How much do homes in 77346, TX cost?

Median Sold Price

$333,053

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,970(+2.1%)

Key Takeaway

Homes in 77346 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 77346 was $333,053 in October 2024, up 2.1% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $215K$233.5K
+8.6%
3 $275K$284K
+3.3%
4 $348.6K$353.9K
+1.5%
5+ $474.4K$451K
-4.9%

Summary: 77346 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 increased by 8.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 4.9%.

Median Sold Price Compared To Nearby Zip Codes

77345
+5.1%
77339
+3.3%
77346
+2.1%
77396
-2.2%
77336
-11.5%

Housing Supply in 77346, TX

How many homes are available in 77346, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
363430+18.5%

Summary: The 77346 real estate market had 430 homes for sale in October 2024, a 18.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 114136
+19.3%
4 211240
+13.7%
5+ 3549
+40.0%

Summary: The 77346 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 increased by 66.7%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6864-5.9%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77346, you may be able to get a good deal. 57.8% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in 77346 in October 2024, down by 5.9% month-over-month. Of the 64 sold homes, 58% were sold under asking, 23% were sold at asking, and 19% were sold over asking.

Days on Market for 77346, TX

How long does it take to sell a home in 77346, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days49 Days+44.8%

Summary: Homes in 77346 had an average of 49 days on market in Oct 2024, up by 44.8% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77346 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 64 homes were sold in 77346; 44% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 14% 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 77346, TX

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