$475 Closing Credit*
$40,000
1,060 SqFt
2 Beds
•1 Full Bath
Steven Koleno, Listing Office: Beycome Brokerage Realty, LLC
Is 77640, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 77640 was a Seller's Market.
Key Takeaway
77640 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77640, TX
How much do homes in 77640, TX cost?
Median Sold Price
$110,800
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,200(-3.7%)
Key Takeaway
Homes in 77640 have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in 77640 was $110,800 in November 2024, down 3.7% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $89K | -39.5% |
| 2 Bedrooms | $79K | $63K | -20.3% |
| 3 Bedrooms | $126K | $130K | +3.2% |
| 4 Bedrooms | $226K | $185K | -18.1% |
| 5+ Bedrooms | $272K | - | N/A |
Summary: 77640 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.5%, 2 bedroom homes decreased by 20.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes did not change.
Housing Supply in 77640, TX
How many homes are available in 77640, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The 77640 real estate market had 32 homes for sale in November 2024, a 10.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 77640 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 increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77640, 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 77640 in November 2024, the same as the previous 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 77640, TX
How long does it take to sell a home in 77640, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 47 Days | -41.2% |
Summary: Homes in 77640 had an average of 47 days on market in Nov 2024, down by 41.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 77640 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 77640; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Based on Information provided by South Texas MLS, LLC ©2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein 'AS IS' and without any warranty, express or implied. The MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data. IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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