Is 77384, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77384 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 77384 has remained a Seller's Market.

Key Takeaway

77384 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77384, TX

How much do homes in 77384, TX cost?

Median Sold Price

$386,380

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$35,941(-8.5%)

Key Takeaway

Homes in 77384 have sold for 8.5% less than they did a year ago.

Summary: The median home sold price in 77384 was $386,380 in December 2024, down 8.5% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $338.5K$305K
-9.9%
3 $370K$359K
-3.0%
4 $435K$424.9K
-2.3%
5+ $520.8K$551.9K
+6.0%

Summary: 77384 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Zip Codes

77381
+13.0%
77382
+11.8%
77304
+1.7%
77385
0.5%
77384
-8.5%

Housing Supply in 77384, TX

How many homes are available in 77384, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
182186+2.2%

Summary: The 77384 real estate market had 186 homes for sale in December 2024, a 2.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 66
0.0%
3 7277
+6.9%
4 8685
-1.2%
5+ 1818
0.0%

Summary: The 77384 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 6.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2844+57.1%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77384, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 77384 in December 2024, up by 57.1% month-over-month. Of the 44 sold homes, 61% were sold under asking, 36% were sold at asking, and 2% were sold over asking.

Days on Market for 77384, TX

How long does it take to sell a home in 77384, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
37 Days56 Days+51.0%

Summary: Homes in 77384 had an average of 56 days on market in Dec 2024, up by 51% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77384 has remained consistent over time.

Summary: During December 2024, 44 homes were sold in 77384; 23% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 14% 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 77384, TX

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