Is 77365, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77365 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77365 was a Seller's Market.

Key Takeaway

77365 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77365, TX

How much do homes in 77365, TX cost?

Median Sold Price

$337,136

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,614(+5.5%)

Key Takeaway

Homes in 77365 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 77365 was $337,136 in October 2024, up 5.5% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $342.4K$352.7K
+3.0%
3 $275K$285K
+3.6%
4 $357K$370K
+3.6%
5+ $440K$439.9K
0%

Summary: 77365 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 3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

77365
+5.5%
77386
+5.4%
77345
+5.1%
77339
+3.3%
77357
-3.6%

Housing Supply in 77365, TX

How many homes are available in 77365, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
231264+14.3%

Summary: The 77365 real estate market had 264 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 7992
+16.5%
4 123139
+13.0%
5+ 2024
+20.0%

Summary: The 77365 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 remained the same, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36360.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77365, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 77365 in October 2024, the same as the previous month. Of the 36 sold homes, 58% were sold under asking, 28% were sold at asking, and 14% were sold over asking.

Days on Market for 77365, TX

How long does it take to sell a home in 77365, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days53 Days+12.6%

Summary: Homes in 77365 had an average of 53 days on market in Oct 2024, up by 12.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77365 has remained consistent over time.

Summary: During October 2024, 36 homes were sold in 77365; 36% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% 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 20 Days Ago

Newest Listings in 77365, TX

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