Is 77441, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77441 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 77441 was a Seller's Market.

Key Takeaway

77441 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 77441, TX

How much do homes in 77441, TX cost?

Median Sold Price

$503,645

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,964(+5.0%)

Key Takeaway

Homes in 77441 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 77441 was $503,645 in November 2024, up 5% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $369K$375.3K
+1.7%
3 $347.9K$403.1K
+15.8%
4 $486.5K$527K
+8.3%
5+ $714K$719.5K
+0.8%

Summary: 77441 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Zip Codes

77441
+5.0%
77406
+4.2%
77494
+2.1%

Housing Supply in 77441, TX

How many homes are available in 77441, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
233242+3.9%

Summary: The 77441 real estate market had 242 homes for sale in November 2024, a 3.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2021
+5.0%
3 4752
+10.6%
4 115125
+8.7%
5+ 5144
-13.7%

Summary: The 77441 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 13.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4439-11.4%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77441, you may be able to get a good deal. 74.4% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 77441 in November 2024, down by 11.4% month-over-month. Of the 39 sold homes, 74% were sold under asking, 21% were sold at asking, and 5% were sold over asking.

Days on Market for 77441, TX

How long does it take to sell a home in 77441, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days46 Days-16.7%

Summary: Homes in 77441 had an average of 46 days on market in Nov 2024, down by 16.7% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77441 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 39 homes were sold in 77441; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 18% 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 18 Days Ago

Newest Listings in 77441, TX

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