Is 77379, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77379 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77379 was a Seller's Market.

Key Takeaway

77379 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 77379, TX

How much do homes in 77379, TX cost?

Median Sold Price

$367,165

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,178(+2.6%)

Key Takeaway

Homes in 77379 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 77379 was $367,165 in October 2024, up 2.6% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $177.5K$99.5K
-43.9%
2 $229K$230.2K
0.5%
3 $279.1K$290.8K
+4.2%
4 $381.4K$387K
+1.5%
5+ $530K$535K
+0.9%

Summary: 77379 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.9%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

77069
+7.4%
77068
+4.1%
77379
+2.6%
77070
+2.0%
77388
+1.5%

Housing Supply in 77379, TX

How many homes are available in 77379, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
380431+13.4%

Summary: The 77379 real estate market had 431 homes for sale in October 2024, a 13.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1113
+18.2%
3 104102
-1.9%
4 170208
+22.4%
5+ 94106
+12.8%

Summary: The 77379 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 12.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7271-1.4%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77379, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in 77379 in October 2024, down by 1.4% month-over-month. Of the 68 sold homes, 59% were sold under asking, 28% were sold at asking, and 13% were sold over asking.

Days on Market for 77379, TX

How long does it take to sell a home in 77379, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days34 Days+8.5%

Summary: Homes in 77379 had an average of 34 days on market in Oct 2024, up by 8.5% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77379 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 71 homes were sold in 77379; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 7% 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 13 Days Ago

Newest Listings in 77379, TX

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