$3,919 Closing Credit*
$330,000
2,597 SqFt
3 Beds
•2 Full Baths
Eric Tucker, Listing Office: Joe Tramonte Realty, Inc.
Is 77563, 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, 77563 was a Neutral Market.
Key Takeaway
77563 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77563, TX
How much do homes in 77563, TX cost?
Median Sold Price
$280,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$52,000(-15.7%)
Key Takeaway
Homes in 77563 have sold for 15.7% less than they did a year ago.
Summary: The median home sold price in 77563 was $280,000 in October 2024, down 15.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $220K | N/A |
| 2 Bedrooms | $294.7K | $298.9K | +1.4% |
| 3 Bedrooms | $350.5K | $286.1K | -18.4% |
| 4 Bedrooms | $350K | $268.3K | -23.3% |
| 5+ Bedrooms | $650K | $460K | -29.2% |
Summary: 77563 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 1.4%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes decreased by 29.2%.
Housing Supply in 77563, TX
How many homes are available in 77563, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 108 | +20.0% |
Summary: The 77563 real estate market had 108 homes for sale in October 2024, a 20.0% 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 | 19 | 21 | +10.5% |
| 3 Bedrooms | 44 | 57 | +29.5% |
| 4 Bedrooms | 20 | 24 | +20.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 77563 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 10.5%, 3 bedroom homes increased by 29.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77563, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 77563 in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 77563, TX
How long does it take to sell a home in 77563, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 123 Days | 48 Days | -60.5% |
Summary: Homes in 77563 had an average of 48 days on market in Oct 2024, down by 60.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77563 has remained consistent over time.
Summary: During October 2024, 8 homes were sold in 77563; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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