Is 77659, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77659 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 77659 was a Seller's Market.

Key Takeaway

77659 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77659, TX

How much do homes in 77659, TX cost?

Median Sold Price

$287,253

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$9,992(-3.4%)

Key Takeaway

Homes in 77659 have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in 77659 was $287,253 in December 2024, down 3.4% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $110.2K$160K
+45.1%
3 $309.9K$268.5K
-13.4%
4 $296K$304.9K
+3.0%
5+ $380K$244.4K
-35.7%

Summary: 77659 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.1%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 35.7%.

Median Sold Price Compared To Nearby Zip Codes

77713
-3.0%
77659
-3.4%

Housing Supply in 77659, TX

How many homes are available in 77659, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3637+2.8%

Summary: The 77659 real estate market had 37 homes for sale in December 2024, a 2.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1818
0.0%
4 1514
-6.7%
5+ 02
+100.0%

Summary: The 77659 housing inventory by bedroom type for December 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 6.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77659, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 77659 in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 77659, TX

How long does it take to sell a home in 77659, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
171 Days172 Days+0.6%

Summary: Homes in 77659 had an average of 172 days on market in Dec 2024, up by 0.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 77659 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 4 homes were sold in 77659; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 7 Days Ago

Newest Listings in 77659, TX

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