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 October 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

$520,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$23,621(-4.3%)

Key Takeaway

Homes in 77441 have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in 77441 was $520,000 in October 2024, down 4.3% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $412K$375.3K
-8.9%
3 $398.9K$404K
+1.3%
4 $543.5K$537K
-1.2%
5+ $778.2K$770K
-1.1%

Summary: 77441 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 8.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

77406
+5.0%
77494
+0.8%
77441
-4.3%
77485
-21.8%

Housing Supply in 77441, TX

How many homes are available in 77441, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
242264+9.1%

Summary: The 77441 real estate market had 264 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2428
+16.7%
3 4847
-2.1%
4 116131
+12.9%
5+ 5458
+7.4%

Summary: The 77441 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 increased by 16.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 7.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
40400.0%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 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. 75% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 77441 in October 2024, the same as the previous month. Of the 40 sold homes, 75% were sold under asking, 8% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
68 Days50 Days-26.8%

Summary: Homes in 77441 had an average of 50 days on market in Oct 2024, down by 26.8% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

15 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 October 2024, 40 homes were sold in 77441; 45% of homes were sold within 30 days, 38% 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 14 Days Ago

Newest Listings in 77441, TX

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