$5,558 Closing Credit*
$468,000
2,848 SqFt
4 Beds
•3 Full Baths, 1 Partial
Samuel Westry, Listing Office: C.R.Realty
Is 77471, 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, 77471 was a Seller's Market.
Key Takeaway
77471 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 77471, TX
How much do homes in 77471, TX cost?
Median Sold Price
$311,586
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,586(+3.9%)
Key Takeaway
Homes in 77471 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 77471 was $311,586 in October 2024, up 3.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $178K | -15.2% |
| 3 Bedrooms | $268.5K | $275K | +2.4% |
| 4 Bedrooms | $346.7K | $342K | -1.4% |
| 5+ Bedrooms | $414.9K | $409.9K | -1.2% |
Summary: 77471 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 15.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 77471, TX
How many homes are available in 77471, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 | 178 | +19.5% |
Summary: The 77471 real estate market had 178 homes for sale in October 2024, a 19.5% 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 | 3 | 6 | +100.0% |
| 3 Bedrooms | 62 | 71 | +14.5% |
| 4 Bedrooms | 75 | 89 | +18.7% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 77471 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 100%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 29 | +16.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77471, you may be able to get a good deal. 72.4% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 77471 in October 2024, up by 16.0% month-over-month. Of the 29 sold homes, 72% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for 77471, TX
How long does it take to sell a home in 77471, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 64 Days | +73.3% |
Summary: Homes in 77471 had an average of 64 days on market in Oct 2024, up by 73.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77471 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in 77471; 41% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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