$4,453 Closing Credit*
$375,000
2,301 SqFt
2 Beds
•2 Full Baths
Sara Nguyen, Listing Office: Better Homes and Gardens Real Estate Gary Greene - Sugar Land
Is 77459, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 77459 was a Seller's Market.
Key Takeaway
77459 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 77459, TX
How much do homes in 77459, TX cost?
Median Sold Price
$424,498
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,928(+6.0%)
Key Takeaway
Homes in 77459 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 77459 was $424,498 in October 2024, up 6% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $289.9K | $242.5K | -16.4% |
| 3 Bedrooms | $315K | $334.5K | +6.2% |
| 4 Bedrooms | $418.7K | $425.9K | +1.7% |
| 5+ Bedrooms | $673.1K | $709.4K | +5.4% |
Summary: 77459 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 16.4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in 77459, TX
How many homes are available in 77459, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 438 | 525 | +19.9% |
Summary: The 77459 real estate market had 525 homes for sale in October 2024, a 19.9% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 97 | 113 | +16.5% |
| 4 Bedrooms | 222 | 271 | +22.1% |
| 5+ Bedrooms | 112 | 133 | +18.8% |
Summary: The 77459 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 14.3%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 81 | +20.9% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77459, you may be able to get a good deal. 75.3% of homes here sold below asking price last month.
Summary: A total of 81 homes were sold or pending in 77459 in October 2024, up by 20.9% month-over-month. Of the 81 sold homes, 75% were sold under asking, 17% were sold at asking, and 7% were sold over asking.
Days on Market for 77459, TX
How long does it take to sell a home in 77459, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 53 Days | +74.1% |
Summary: Homes in 77459 had an average of 53 days on market in Oct 2024, up by 74.1% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77459 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 81 homes were sold in 77459; 52% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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