$9,488 Closing Credit*
$799,000
9,600 SqFt
2 Beds
•2 Full Baths, 1 Partial
Rusty Shannon, Listing Office: Patti Shannon Properties
Is 77445, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$314,400
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,400(+10.3%)
Key Takeaway
Homes in 77445 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 77445 was $314,400 in November 2024, up 10.3% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $502.5K | +43.6% |
| 2 Bedrooms | $167.5K | $177.5K | +6.0% |
| 3 Bedrooms | $280.5K | $295K | +5.2% |
| 4 Bedrooms | $311.6K | $335K | +7.5% |
| 5+ Bedrooms | $247K | $392.4K | +58.9% |
Summary: 77445 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.6%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 58.9%.
Housing Supply in 77445, TX
How many homes are available in 77445, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 121 | +7.1% |
Summary: The 77445 real estate market had 121 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 58 | 65 | +12.1% |
| 4 Bedrooms | 41 | 43 | +4.9% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 77445 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 remained the same, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77445, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 77445 in November 2024, down by 7.7% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 89 Days | +89.2% |
Summary: Homes in 77445 had an average of 89 days on market in Nov 2024, up by 89.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77445 has remained consistent over time.
Summary: During November 2024, 12 homes were sold in 77445; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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