Is 77380, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77380 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 77380 has remained a Seller's Market.

Key Takeaway

77380 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77380, TX

How much do homes in 77380, TX cost?

Median Sold Price

$503,200

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$66,450(+15.2%)

Key Takeaway

Homes in 77380 have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in 77380 was $503,200 in December 2024, up 15.2% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $750K$231.1K
-69.2%
2 $274.5K$480K
+74.9%
3 $365K$350K
-4.1%
4 $499K$627.5K
+25.8%
5+ $1.0M$1.3M
+22.8%

Summary: 77380 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.2%, 2 bedroom homes increased by 74.9%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 22.8%.

Median Sold Price Compared To Nearby Zip Codes

77380
+15.2%
77381
+13.0%
77389
+10.6%
77386
+5.6%
77385
0.5%

Housing Supply in 77380, TX

How many homes are available in 77380, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
102105+2.9%

Summary: The 77380 real estate market had 105 homes for sale in December 2024, a 2.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 810
+25.0%
3 4653
+15.2%
4 3234
+6.3%
5+ 158
-46.7%

Summary: The 77380 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 46.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2318-21.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77380, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 77380 in December 2024, down by 21.7% month-over-month. Of the 18 sold homes, 72% were sold under asking, 22% were sold at asking, and 6% were sold over asking.

Days on Market for 77380, TX

How long does it take to sell a home in 77380, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days39 Days+2.8%

Summary: Homes in 77380 had an average of 39 days on market in Dec 2024, up by 2.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77380 has remained consistent over time.

Summary: During December 2024, 18 homes were sold in 77380; 44% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 6% 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 2 Days Ago

Newest Listings in 77380, TX

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