Is 77381, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77381 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 77381 has remained a Seller's Market.

Key Takeaway

77381 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77381, TX

How much do homes in 77381, TX cost?

Median Sold Price

$585,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$67,333(+13.0%)

Key Takeaway

Homes in 77381 have sold for 13% more than they did a year ago.

Summary: The median home sold price in 77381 was $585,000 in December 2024, up 13% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $158.5K$141.2K
-10.9%
2 $265K$293K
+10.6%
3 $390K$401.5K
+2.9%
4 $587.5K$670K
+14.0%
5+ $780K$884.9K
+13.5%

Summary: 77381 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.9%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

77380
+15.2%
77381
+13.0%
77382
+11.8%
77389
+10.6%
77384
-8.5%

Housing Supply in 77381, TX

How many homes are available in 77381, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
129120-7.0%

Summary: The 77381 real estate market had 120 homes for sale in December 2024, a 7.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 1010
0.0%
3 3840
+5.3%
4 6353
-15.9%
5+ 1514
-6.7%

Summary: The 77381 housing inventory by bedroom type for December 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 5.3%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3034+13.3%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77381, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 77381 in December 2024, up by 13.3% month-over-month. Of the 34 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.

Days on Market for 77381, TX

How long does it take to sell a home in 77381, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
22 Days27 Days+21.3%

Summary: Homes in 77381 had an average of 27 days on market in Dec 2024, up by 21.3% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77381 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 34 homes were sold in 77381; 71% of homes were sold within 30 days, 24% 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 77381, TX

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