Is 77435, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77435 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 77435 was a Seller's Market.

Key Takeaway

77435 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77435, TX

How much do homes in 77435, TX cost?

Median Sold Price

$340,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$32,000(+10.4%)

Key Takeaway

Homes in 77435 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 77435 was $340,000 in December 2024, up 10.4% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $122K$67.5K
-44.7%
2 $220K$163K
-25.9%
3 $273.4K$315K
+15.2%
4 $480K$385K
-19.8%
5+ $590K-
N/A

Summary: 77435 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.7%, 2 bedroom homes decreased by 25.9%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

77435
+10.4%
77417
-6.3%

Housing Supply in 77435, TX

How many homes are available in 77435, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1315+15.4%

Summary: The 77435 real estate market had 15 homes for sale in December 2024, a 15.4% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 911
+22.2%
4 33
0.0%
5+ 00
0.0%

Summary: The 77435 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 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77435, 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 77435 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 77435, TX

How long does it take to sell a home in 77435, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
49 Days58 Days+18.4%

Summary: Homes in 77435 had an average of 58 days on market in Dec 2024, up by 18.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77435 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 77435; 50% 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.

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 77435, TX

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