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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 77833 is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

77833 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 77833, TX

How much do homes in 77833, TX cost?

Median Sold Price

$300,050

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$13,930(-4.4%)

Key Takeaway

Homes in 77833 have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in 77833 was $300,050 in November 2024, down 4.4% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $857.5K$182.5K
-78.7%
2 $221.5K$160K
-27.8%
3 $295K$293K
-0.7%
4 $352.3K$397.5K
+12.8%
5+ $448.3K$680K
+51.7%

Summary: 77833 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 78.7%, 2 bedroom homes decreased by 27.8%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 51.7%.

Median Sold Price Compared To Nearby Zip Codes

77833
-4.4%
77426
-10.8%

Housing Supply in 77833, TX

How many homes are available in 77833, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
175174-0.6%

Summary: The 77833 real estate market had 174 homes for sale in November 2024, a 0.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 2124
+14.3%
3 9690
-6.3%
4 4645
-2.2%
5+ 1113
+18.2%

Summary: The 77833 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3016-46.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 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. 87.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 77833 in November 2024, down by 46.7% month-over-month. Of the 16 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
66 Days70 Days+5.8%

Summary: Homes in 77833 had an average of 70 days on market in Nov 2024, up by 5.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 77833 has remained consistent over time.

Summary: During November 2024, 16 homes were sold in 77833; 38% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% 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 21 Days Ago

Newest Listings in 77833, TX

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