$75,000
0.50 Acres
Land
Emily Schmitt, Listing Office: Compass RE Texas, LLC - The Woodlands
Is 77360, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 77360 was a Seller's Market.
Key Takeaway
77360 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77360, TX
How much do homes in 77360, TX cost?
Median Sold Price
$225,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,000(-8.2%)
Key Takeaway
Homes in 77360 have sold for 8.2% less than they did a year ago.
Summary: The median home sold price in 77360 was $225,000 in October 2024, down 8.2% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $43.1K | $92.5K | +114.2% |
| 2 Bedrooms | $189K | $147.8K | -21.8% |
| 3 Bedrooms | $251.5K | $279K | +10.9% |
| 4 Bedrooms | $390.5K | $357K | -8.6% |
| 5+ Bedrooms | - | $137K | N/A |
Summary: 77360 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 114.2%, 2 bedroom homes decreased by 21.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes did not change.
Housing Supply in 77360, TX
How many homes are available in 77360, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 84 | +18.3% |
Summary: The 77360 real estate market had 84 homes for sale in October 2024, a 18.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 16 | 21 | +31.3% |
| 3 Bedrooms | 37 | 43 | +16.2% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 77360 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 31.3%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 77360, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 77360 in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 77360, TX
How long does it take to sell a home in 77360, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 65 Days | +73.5% |
Summary: Homes in 77360 had an average of 65 days on market in Oct 2024, up by 73.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77360 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 77360; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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