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 21 Days Ago

Newest Listings in 77346, TX

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