Is 77382, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77382 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 77382 has remained a Seller's Market.

Key Takeaway

77382 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77382, TX

How much do homes in 77382, TX cost?

Median Sold Price

$610,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$62,212(+11.4%)

Key Takeaway

Homes in 77382 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 77382 was $610,000 in October 2024, up 11.4% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $285K$265K
-7.0%
3 $385K$398K
+3.4%
4 $600K$632K
+5.3%
5+ $881K$1.0M
+13.5%

Summary: 77382 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 decreased by 7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

77381
+15.9%
77382
+11.4%
77389
+8.8%
77354
-1.6%
77384
-4.0%

Housing Supply in 77382, TX

How many homes are available in 77382, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
144163+13.2%

Summary: The 77382 real estate market had 163 homes for sale in October 2024, a 13.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1618
+12.5%
3 5266
+26.9%
4 3946
+17.9%
5+ 3733
-10.8%

Summary: The 77382 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 increased by 12.5%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 10.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39390.0%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77382, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 77382 in October 2024, the same as the previous month. Of the 39 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for 77382, TX

How long does it take to sell a home in 77382, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days30 Days+79.8%

Summary: Homes in 77382 had an average of 30 days on market in Oct 2024, up by 79.8% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77382 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 39 homes were sold in 77382; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% 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 5 Days Ago

Newest Listings in 77382, TX

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