Is 77465, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77465 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77465 was a Seller's Market.

Key Takeaway

77465 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77465, TX

How much do homes in 77465, TX cost?

Median Sold Price

$243,850

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$72,650(-23.0%)

Key Takeaway

Homes in 77465 have sold for 23% less than they did a year ago.

Summary: The median home sold price in 77465 was $243,850 in October 2024, down 23% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $355K$54.8K
-84.5%
2 $216.5K$250K
+15.5%
3 $332.5K$205.5K
-38.2%
4 $376K$367K
-2.4%
5+ $800K$298K
-62.7%

Summary: 77465 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 84.5%, 2 bedroom homes increased by 15.5%, 3 bedroom homes decreased by 38.2%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 62.7%.

Housing Supply in 77465, TX

How many homes are available in 77465, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4348+11.6%

Summary: The 77465 real estate market had 48 homes for sale in October 2024, a 11.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 77
0.0%
3 2025
+25.0%
4 1313
0.0%
5+ 22
0.0%

Summary: The 77465 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77465, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 77465 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 77465, TX

How long does it take to sell a home in 77465, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
77 Days16 Days-79.2%

Summary: Homes in 77465 had an average of 16 days on market in Oct 2024, down by 79.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77465 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 77465; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in 77465, TX

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