Is 77433, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77433 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 77433 has remained a Seller's Market.

Key Takeaway

77433 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77433, TX

How much do homes in 77433, TX cost?

Median Sold Price

$438,876

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$8,198(+1.9%)

Key Takeaway

Homes in 77433 have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in 77433 was $438,876 in December 2024, up 1.9% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$380K
N/A
2 $320K$330K
+3.1%
3 $339.9K$342.8K
+0.8%
4 $467K$484.9K
+3.8%
5+ $679.4K$700.8K
+3.2%

Summary: 77433 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 increased by 3.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

77377
+4.1%
77429
+3.8%
77433
+1.9%
77095
+1.5%
77449
-0.4%

Housing Supply in 77433, TX

How many homes are available in 77433, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
621605-2.6%

Summary: The 77433 real estate market had 605 homes for sale in December 2024, a 2.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 198198
0.0%
4 300289
-3.7%
5+ 113109
-3.5%

Summary: The 77433 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 decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 3.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
130112-13.8%

Asking Price vs. Sold Price

77 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77433, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 112 homes were sold or pending in 77433 in December 2024, down by 13.8% month-over-month. Of the 112 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.

Days on Market for 77433, TX

How long does it take to sell a home in 77433, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
48 Days51 Days+6.3%

Summary: Homes in 77433 had an average of 51 days on market in Dec 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

40 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77433 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 112 homes were sold in 77433; 44% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% 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 6 Days Ago

Newest Listings in 77433, TX

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