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 20 Days Ago

Newest Listings in 77536, TX

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