Is 77493, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77493 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 77493 has remained a Seller's Market.

Key Takeaway

77493 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77493, TX

How much do homes in 77493, TX cost?

Median Sold Price

$388,793

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$30,344(+8.5%)

Key Takeaway

Homes in 77493 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 77493 was $388,793 in December 2024, up 8.5% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $322.6K$329.6K
+2.2%
3 $305.1K$318.2K
+4.3%
4 $394.8K$415.4K
+5.2%
5+ $577.5K$620K
+7.4%

Summary: 77493 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 7.4%.

Median Sold Price Compared To Nearby Zip Codes

77493
+8.5%
77494
+6.7%
77433
+1.9%
77449
-0.4%
77423
-2.2%

Housing Supply in 77493, TX

How many homes are available in 77493, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
546590+8.1%

Summary: The 77493 real estate market had 590 homes for sale in December 2024, a 8.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 148181
+22.3%
4 308314
+1.9%
5+ 8590
+5.9%

Summary: The 77493 housing inventory by bedroom type for December 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 22.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
92107+16.3%

Asking Price vs. Sold Price

73 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77493, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.

Summary: A total of 107 homes were sold or pending in 77493 in December 2024, up by 16.3% month-over-month. Of the 107 sold homes, 68% were sold under asking, 21% were sold at asking, and 10% were sold over asking.

Days on Market for 77493, TX

How long does it take to sell a home in 77493, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
56 Days66 Days+17.8%

Summary: Homes in 77493 had an average of 66 days on market in Dec 2024, up by 17.8% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

29 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77493 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 107 homes were sold in 77493; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% 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 6 Days Ago

Newest Listings in 77493, TX

Nearby Markets to 77493, TX