$240,000
10.00 Acres
Land
•1 Full Bath
Jeffrey Collins, Listing Office: Keller Williams Realty Metropolitan
Is 77420, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 77420 has remained a Seller's Market.
Key Takeaway
77420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77420, TX
How much do homes in 77420, TX cost?
Median Sold Price
$380,000
$242/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$155,000(+68.9%)
Key Takeaway
Homes in 77420 have sold for 68.9% more than they did a month ago.
Summary: The median home sold price in 77420 was $380,000 in December 2024, up 68.9% from last month, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $225K | $380K | +68.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 77420 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 68.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 77420, TX
How many homes are available in 77420, TX?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The 77420 real estate market had 8 homes for sale in December 2024, a 11.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 77420 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77420, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 77420 in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 77420, TX
How long does it take to sell a home in 77420, TX?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 262 Days | +803.4% |
Summary: Homes in 77420 had an average of 262 days on market in Dec 2024, up by 803.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 77420 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 2 homes were sold in 77420; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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