Is 77564, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77564 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 77564 has remained a Seller's Market.

Key Takeaway

77564 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 77564, TX

How much do homes in 77564, TX cost?

Median Sold Price

$490,000

$291/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$160,000(+48.5%)

Key Takeaway

Homes in 77564 have sold for 48.5% more than they did a month ago.

Summary: The median home sold price in 77564 was $490,000 in November 2024, up 48.5% from last month, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$490K
N/A
4 $330K-
N/A
5+ --
N/A

Summary: 77564 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 77564, TX

How many homes are available in 77564, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The 77564 real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 21
-50.0%
5+ 12
+100.0%

Summary: The 77564 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 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77564, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 77564 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 77564, TX

How long does it take to sell a home in 77564, TX?

Average Sale Time

Oct 2024Nov 2024CHANGE
21 Days33 Days+57.1%

Summary: Homes in 77564 had an average of 33 days on market in Nov 2024, up by 57.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77564 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 77564; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in 77564, TX

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