$500,000
3.00 Acres
Land
•3 Full Baths
Kathy Stenson, Listing Office: Connect Realty.com
Is 77461, 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, 77461 has remained a Seller's Market.
Key Takeaway
77461 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77461, TX
How much do homes in 77461, TX cost?
Median Sold Price
$359,361
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,139(-2.2%)
Key Takeaway
Homes in 77461 have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in 77461 was $359,361 in October 2024, down 2.2% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $239K | N/A |
| 2 Bedrooms | $170K | $255K | +50.0% |
| 3 Bedrooms | $317.4K | $335K | +5.5% |
| 4 Bedrooms | $585K | $499.4K | -14.6% |
| 5+ Bedrooms | $870K | $457.1K | -47.5% |
Summary: 77461 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 increased by 50%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 47.5%.
Housing Supply in 77461, TX
How many homes are available in 77461, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 62 | -7.5% |
Summary: The 77461 real estate market had 62 homes for sale in October 2024, a 7.5% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 32 | 31 | -3.1% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The 77461 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 remained the same, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77461, you may be able to get a good deal. 92.3% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 77461 in October 2024, up by 62.5% month-over-month. Of the 13 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% were sold over asking.
Days on Market for 77461, TX
How long does it take to sell a home in 77461, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 54 Days | +82.7% |
Summary: Homes in 77461 had an average of 54 days on market in Oct 2024, up by 82.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77461 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 77461; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.