Is 77364, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77364 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 77364 has remained a Buyer's Market.

Key Takeaway

77364 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77364, TX

How much do homes in 77364, TX cost?

Median Sold Price

$255,000

$216/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$110,999(+77.1%)

Key Takeaway

Homes in 77364 have sold for 77.1% more than they did a month ago.

Summary: The median home sold price in 77364 was $255,000 in November 2024, up 77.1% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $144K-
N/A
2 $252.5K$255K
+1.0%
3 $135K$239K
+77.0%
4 --
N/A
5+ -$850K
N/A

Summary: 77364 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 77%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 77364, TX

How many homes are available in 77364, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4349+14.0%

Summary: The 77364 real estate market had 49 homes for sale in November 2024, a 14.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 65
-16.7%
2 1415
+7.1%
3 1823
+27.8%
4 34
+33.3%
5+ 22
0.0%

Summary: The 77364 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77364, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 77364 in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 77364, TX

How long does it take to sell a home in 77364, TX?

Average Sale Time

Oct 2024Nov 2024CHANGE
67 Days62 Days-8.1%

Summary: Homes in 77364 had an average of 62 days on market in Nov 2024, down by 8.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77364 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 77364; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 77364, TX

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