$14,950
0.09 Acres
Land
Salvador Sotelo, Listing Office: BeiterHaus
Is 77515, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 77515 was a Seller's Market.
Key Takeaway
77515 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 77515, TX
How much do homes in 77515, TX cost?
Median Sold Price
$262,700
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,466(+4.6%)
Key Takeaway
Homes in 77515 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 77515 was $262,700 in November 2024, up 4.6% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $78.3K | $137.5K | +75.4% |
| 2 Bedrooms | $142.5K | $144.2K | +1.2% |
| 3 Bedrooms | $231.2K | $240K | +3.8% |
| 4 Bedrooms | $292K | $327K | +12.0% |
| 5+ Bedrooms | $439.1K | $409K | -6.9% |
Summary: 77515 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.4%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in 77515, TX
How many homes are available in 77515, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 218 | 217 | -0.5% |
Summary: The 77515 real estate market had 217 homes for sale in November 2024, a 0.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 118 | 118 | 0.0% |
| 4 Bedrooms | 77 | 73 | -5.2% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 77515 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 31 | -20.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77515, you may be able to get a good deal. 61.3% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 77515 in November 2024, down by 20.5% month-over-month. Of the 31 sold homes, 61% were sold under asking, 29% were sold at asking, and 10% were sold over asking.
Days on Market for 77515, TX
How long does it take to sell a home in 77515, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 66 Days | +13.8% |
Summary: Homes in 77515 had an average of 66 days on market in Nov 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77515 has remained consistent over time.
Summary: During November 2024, 31 homes were sold in 77515; 32% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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