$5,000
0.11 Acres
Land
William Branum, Listing Office: eXp Realty LLC
Is 77465, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 77465 has remained a Buyer'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
$245,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$49,000(-16.7%)
Key Takeaway
Homes in 77465 have sold for 16.7% less than they did a year ago.
Summary: The median home sold price in 77465 was $245,000 in December 2024, down 16.7% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355K | $54.8K | -84.5% |
| 2 Bedrooms | $189K | $250K | +32.3% |
| 3 Bedrooms | $305K | $227.5K | -25.4% |
| 4 Bedrooms | $378.5K | $357.2K | -5.6% |
| 5+ Bedrooms | $800K | $298K | -62.7% |
Summary: 77465 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 84.5%, 2 bedroom homes increased by 32.3%, 3 bedroom homes decreased by 25.4%, 4 bedroom homes decreased by 5.6%, 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
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 55 | 60 | +9.1% |
Summary: The 77465 real estate market had 60 homes for sale in December 2024, a 9.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 29 | 31 | +6.9% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 77465 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 77465, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 77465 in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 24 Days | 52 Days | +117.5% |
Summary: Homes in 77465 had an average of 52 days on market in Dec 2024, up by 117.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77465 has remained consistent over time.
Summary: During December 2024, 5 homes were sold in 77465; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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