$1,841 Closing Credit*
$155,000
912 SqFt
2 Beds
•1 Full Bath
Lane Sherman, Listing Office: Keller Williams Elite
Is 77535, 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, 77535 was a Seller's Market.
Key Takeaway
77535 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77535, TX
How much do homes in 77535, TX cost?
Median Sold Price
$349,633
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,667(+0.8%)
Key Takeaway
Homes in 77535 have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in 77535 was $349,633 in October 2024, up 0.8% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $54K | -63.4% |
| 2 Bedrooms | $150.8K | $215K | +42.5% |
| 3 Bedrooms | $314K | $310K | -1.3% |
| 4 Bedrooms | $389.9K | $408.5K | +4.7% |
| 5+ Bedrooms | $425K | $424.9K | 0% |
Summary: 77535 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.4%, 2 bedroom homes increased by 42.5%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.
Housing Supply in 77535, TX
How many homes are available in 77535, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 230 | 257 | +11.7% |
Summary: The 77535 real estate market had 257 homes for sale in October 2024, a 11.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 74 | 85 | +14.9% |
| 4 Bedrooms | 125 | 134 | +7.2% |
| 5+ Bedrooms | 16 | 21 | +31.3% |
Summary: The 77535 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 14.3%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 31.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77535, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 77535 in October 2024, down by 2.9% month-over-month. Of the 33 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for 77535, TX
How long does it take to sell a home in 77535, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 58 Days | +17.1% |
Summary: Homes in 77535 had an average of 58 days on market in Oct 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77535 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 33 homes were sold in 77535; 45% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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