$2,482 Closing Credit*
$209,000
1,152 SqFt
3 Beds
•2 Full Baths
Joe Iley, Listing Office: Mission Real Estate Group
Is 77489, 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, 77489 has remained a Seller's Market.
Key Takeaway
77489 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77489, TX
How much do homes in 77489, TX cost?
Median Sold Price
$250,333
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,666(+1.9%)
Key Takeaway
Homes in 77489 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 77489 was $250,333 in October 2024, up 1.9% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $137.5K | $132K | -4.0% |
| 3 Bedrooms | $234K | $241.9K | +3.4% |
| 4 Bedrooms | $269.7K | $280K | +3.8% |
| 5+ Bedrooms | $322.5K | $320K | -0.8% |
Summary: 77489 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 4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in 77489, TX
How many homes are available in 77489, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 | 130 | +10.2% |
Summary: The 77489 real estate market had 130 homes for sale in October 2024, a 10.2% 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 | 5 | +66.7% |
| 3 Bedrooms | 61 | 70 | +14.8% |
| 4 Bedrooms | 45 | 47 | +4.4% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 77489 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 66.7%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 29 | +11.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77489, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 77489 in October 2024, up by 11.5% month-over-month. Of the 29 sold homes, 52% were sold under asking, 21% were sold at asking, and 28% were sold over asking.
Days on Market for 77489, TX
How long does it take to sell a home in 77489, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 25 Days | -4.8% |
Summary: Homes in 77489 had an average of 25 days on market in Oct 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77489 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in 77489; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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