$3,598 Closing Credit*
$303,000
1,764 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tanequia Nunn, Listing Office: Keller Williams Realty Professionals
Is 77445, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 77445 has remained a Buyer's Market.
Key Takeaway
77445 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77445, TX
How much do homes in 77445, TX cost?
Median Sold Price
$305,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,000(+8.5%)
Key Takeaway
Homes in 77445 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 77445 was $305,000 in October 2024, up 8.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $317.5K | $685K | +115.7% |
| 2 Bedrooms | $186.2K | $177.5K | -4.7% |
| 3 Bedrooms | $286.7K | $295K | +2.9% |
| 4 Bedrooms | $300K | $322.5K | +7.5% |
| 5+ Bedrooms | $288.5K | $377.4K | +30.8% |
Summary: 77445 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115.7%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 30.8%.
Housing Supply in 77445, TX
How many homes are available in 77445, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 121 | +9.0% |
Summary: The 77445 real estate market had 121 homes for sale in October 2024, a 9.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 60 | 64 | +6.7% |
| 4 Bedrooms | 36 | 41 | +13.9% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The 77445 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 decreased by 30%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 77445, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 77445 in October 2024, down by 21.4% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for 77445, TX
How long does it take to sell a home in 77445, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 67 Days | 110 Days | +63.1% |
Summary: Homes in 77445 had an average of 110 days on market in Oct 2024, up by 63.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 77445 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 11 homes were sold in 77445; 36% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 64% of homes were sold over 90 days.
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