$10,000 Closing Credit*
$850,000
3,316 SqFt
4 Beds
•3 Full Baths, 1 Partial
Angel Webb, Listing Office: Experienced Excellence
Is 77565, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 77565 has remained a Seller's Market.
Key Takeaway
77565 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77565, TX
How much do homes in 77565, TX cost?
Median Sold Price
$347,685
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50,815(-12.8%)
Key Takeaway
Homes in 77565 have sold for 12.8% less than they did a year ago.
Summary: The median home sold price in 77565 was $347,685 in October 2024, down 12.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299.9K | $154.5K | -48.5% |
| 2 Bedrooms | $250K | $247.5K | -1.0% |
| 3 Bedrooms | $419K | $342K | -18.4% |
| 4 Bedrooms | $485K | $417.5K | -13.9% |
| 5+ Bedrooms | $1.0M | $1.3M | +24.7% |
Summary: 77565 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.5%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 24.7%.
Housing Supply in 77565, TX
How many homes are available in 77565, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 68 | 0.0% |
Summary: The 77565 real estate market had 68 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 33 | 31 | -6.1% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 77565 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77565, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 77565 in October 2024, up by 16.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for 77565, TX
How long does it take to sell a home in 77565, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 89 Days | +57.6% |
Summary: Homes in 77565 had an average of 89 days on market in Oct 2024, up by 57.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 77565 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 14 homes were sold in 77565; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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