Is 77510, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77510 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 77510 was a Seller's Market.

Key Takeaway

77510 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77510, TX

How much do homes in 77510, TX cost?

Median Sold Price

$329,996

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3(0%)

Key Takeaway

The sold price of homes in 77510 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$57.5K
N/A
2 $207K$244.5K
+18.1%
3 $309.9K$307.9K
-0.7%
4 $365K$375K
+2.7%
5+ $453.7K$439.9K
-3.1%

Summary: 77510 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.1%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

77517
+6.3%
77510
0%
77568
-6.5%
77563
-13.6%

Housing Supply in 77510, TX

How many homes are available in 77510, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
158168+6.3%

Summary: The 77510 real estate market had 168 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 7879
+1.3%
4 6673
+10.6%
5+ 89
+12.5%

Summary: The 77510 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2315-34.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77510, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 77510 in November 2024, down by 34.8% month-over-month. Of the 15 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% were sold over asking.

Days on Market for 77510, TX

How long does it take to sell a home in 77510, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days86 Days+80.8%

Summary: Homes in 77510 had an average of 86 days on market in Nov 2024, up by 80.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77510 has remained consistent over time.

Summary: During November 2024, 15 homes were sold in 77510; 27% of homes were sold within 30 days, 47% 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 17 Days Ago

Newest Listings in 77510, TX

Nearby Markets to 77510, TX