Is 77536, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77536 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 77536 has remained a Seller's Market.

Key Takeaway

77536 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77536, TX

How much do homes in 77536, TX cost?

Median Sold Price

$286,333

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,366(+6.1%)

Key Takeaway

Homes in 77536 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 77536 was $286,333 in October 2024, up 6.1% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $165.2K$195K
+18.0%
3 $260K$265K
+1.9%
4 $307K$315K
+2.6%
5+ $358.7K$397K
+10.7%

Summary: 77536 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 increased by 18%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 10.7%.

Median Sold Price Compared To Nearby Zip Codes

77536
+6.1%
77503
+5.0%
77015
+3.5%
77571
+1.6%
77505
-0.5%

Housing Supply in 77536, TX

How many homes are available in 77536, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
114115+0.9%

Summary: The 77536 real estate market had 115 homes for sale in October 2024, a 0.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 6459
-7.8%
4 3943
+10.3%
5+ 79
+28.6%

Summary: The 77536 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 remained the same, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2625-3.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77536, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 77536 in October 2024, down by 3.8% month-over-month. Of the 25 sold homes, 56% were sold under asking, 24% were sold at asking, and 20% were sold over asking.

Days on Market for 77536, TX

How long does it take to sell a home in 77536, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days51 Days+137.3%

Summary: Homes in 77536 had an average of 51 days on market in Oct 2024, up by 137.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77536 has remained consistent over time.

Summary: During October 2024, 25 homes were sold in 77536; 32% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 24% 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 4 Days Ago

Newest Listings in 77536, TX

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