Is 77833, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77833 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 77833 was a Seller's Market.

Key Takeaway

77833 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 77833, TX

How much do homes in 77833, TX cost?

Median Sold Price

$307,681

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,618(-0.8%)

Key Takeaway

Homes in 77833 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 77833 was $307,681 in October 2024, down 0.8% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.0M$182.5K
-82.7%
2 $215K$160K
-25.6%
3 $295K$300.1K
+1.7%
4 $356.1K$419.3K
+17.7%
5+ $448.3K$805K
+79.6%

Summary: 77833 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 82.7%, 2 bedroom homes decreased by 25.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 79.6%.

Median Sold Price Compared To Nearby Zip Codes

77835
+21.9%
77833
-0.8%

Housing Supply in 77833, TX

How many homes are available in 77833, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
189187-1.1%

Summary: The 77833 real estate market had 187 homes for sale in October 2024, a 1.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1824
+33.3%
3 115102
-11.3%
4 4349
+14.0%
5+ 1111
0.0%

Summary: The 77833 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3028-6.7%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 77833, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 77833 in October 2024, down by 6.7% month-over-month. Of the 28 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.

Days on Market for 77833, TX

How long does it take to sell a home in 77833, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days48 Days+66.8%

Summary: Homes in 77833 had an average of 48 days on market in Oct 2024, up by 66.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 77833 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 77833; 46% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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 77833, TX

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