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 4 Days Ago

Newest Listings in 77384, TX

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