Is 77713, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77713 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 77713 has remained a Buyer's Market.

Key Takeaway

77713 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77713, TX

How much do homes in 77713, TX cost?

Median Sold Price

$357,900

$147/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$40,400(+12.7%)

Key Takeaway

Homes in 77713 have sold for 12.7% more than they did a month ago.

Summary: The median home sold price in 77713 was $357,900 in October 2024, up 12.7% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $307K$357.9K
+16.6%
4 $323.7K$349.8K
+8.1%
5+ --
N/A

Summary: 77713 housing prices by bedroom type for October 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 increased by 16.6%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes did not change.

Housing Supply in 77713, TX

How many homes are available in 77713, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3937-5.1%

Summary: The 77713 real estate market had 37 homes for sale in October 2024, a 5.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1114
+27.3%
4 2318
-21.7%
5+ 44
0.0%

Summary: The 77713 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 increased by 27.3%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77713, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 77713 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 77713, TX

How long does it take to sell a home in 77713, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days128 Days+200.5%

Summary: Homes in 77713 had an average of 128 days on market in Oct 2024, up by 200.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 77713 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in 77713; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 4 Days Ago

Newest Listings in 77713, TX

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