Is 77619, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77619 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77619 was a Seller's Market.

Key Takeaway

77619 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 77619, TX

How much do homes in 77619, TX cost?

Median Sold Price

$145,950

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,050(-9.9%)

Key Takeaway

Homes in 77619 have sold for 9.9% less than they did a year ago.

Summary: The median home sold price in 77619 was $145,950 in October 2024, down 9.9% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $120K$129.9K
+8.2%
3 $162K$125K
-22.8%
4 $325K$240K
-26.2%
5+ $323.4K$167K
-48.4%

Summary: 77619 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 8.2%, 3 bedroom homes decreased by 22.8%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes decreased by 48.4%.

Housing Supply in 77619, TX

How many homes are available in 77619, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1920+5.3%

Summary: The 77619 real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1211
-8.3%
4 55
0.0%
5+ 02
+100.0%

Summary: The 77619 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 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77619, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 77619 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 77619, TX

How long does it take to sell a home in 77619, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days11 Days-58.0%

Summary: Homes in 77619 had an average of 11 days on market in Oct 2024, down by 58% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77619 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 77619; 100% of homes were sold within 30 days, 0% 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 5 Days Ago

Newest Listings in 77619, TX

Nearby Markets to 77619, TX