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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77384 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77384 was a Seller's Market.

Key Takeaway

77384 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 77384, TX

How much do homes in 77384, TX cost?

Median Sold Price

$402,083

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,956(-4.0%)

Key Takeaway

Homes in 77384 have sold for 4% less than they did a year ago.

Summary: The median home sold price in 77384 was $402,083 in October 2024, down 4% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $338.5K$305K
-9.9%
3 $375K$362K
-3.5%
4 $443.2K$441.2K
-0.5%
5+ $520.8K$538.2K
+3.3%

Summary: 77384 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 9.9%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Zip Codes

77381
+15.9%
77382
+11.4%
77385
+1.6%
77304
+1.1%
77384
-4.0%

Housing Supply in 77384, TX

How many homes are available in 77384, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
179196+9.5%

Summary: The 77384 real estate market had 196 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1110
-9.1%
3 7374
+1.4%
4 7891
+16.7%
5+ 1721
+23.5%

Summary: The 77384 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 decreased by 9.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3830-21.1%

Asking Price vs. Sold Price

25 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 77384, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 77384 in October 2024, down by 21.1% month-over-month. Of the 30 sold homes, 83% were sold under asking, 13% were sold at asking, and 3% 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

Oct 2023Oct 2024CHANGE
34 Days47 Days+35.7%

Summary: Homes in 77384 had an average of 47 days on market in Oct 2024, up by 35.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

3 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 October 2024, 30 homes were sold in 77384; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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 23 Days Ago

Newest Listings in 77384, TX

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