Is 77373, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77373 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77373 was a Seller's Market.

Key Takeaway

77373 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 77373, TX

How much do homes in 77373, TX cost?

Median Sold Price

$249,950

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$50(0%)

Key Takeaway

The sold price of homes in 77373 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $146K$157K
+7.5%
2 $170K$170K
0.0%
3 $233.1K$234.9K
+0.8%
4 $282.2K$275K
-2.6%
5+ $380K$385.9K
+1.6%

Summary: 77373 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

77386
+5.4%
77388
+1.5%
77373
0%
77073
0.0%
77090
0.0%

Housing Supply in 77373, TX

How many homes are available in 77373, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
377423+12.2%

Summary: The 77373 real estate market had 423 homes for sale in October 2024, a 12.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 1113
+18.2%
3 186229
+23.1%
4 152153
+0.7%
5+ 2625
-3.8%

Summary: The 77373 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 3.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8265-20.7%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77373, you may be able to get a good deal. 52.3% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 77373 in October 2024, down by 20.7% month-over-month. Of the 65 sold homes, 52% were sold under asking, 31% were sold at asking, and 17% were sold over asking.

Days on Market for 77373, TX

How long does it take to sell a home in 77373, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days47 Days+23.6%

Summary: Homes in 77373 had an average of 47 days on market in Oct 2024, up by 23.6% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77373 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 65 homes were sold in 77373; 48% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 17% 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 23 Days Ago

Newest Listings in 77373, TX

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