$29,900
0.32 Acres
Land
Robert Murphy, Listing Office: RE/MAX Bryan College Station
Is 77871, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 77871 was a Seller's Market.
Key Takeaway
77871 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 77871, TX
How much do homes in 77871, TX cost?
Median Sold Price
$260,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$76,608(-22.8%)
Key Takeaway
Homes in 77871 have sold for 22.8% less than they did a year ago.
Summary: The median home sold price in 77871 was $260,000 in October 2024, down 22.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $184K | $215K | +16.8% |
| 3 Bedrooms | $459.5K | $260K | -43.4% |
| 4 Bedrooms | $137.5K | $295K | +114.5% |
| 5+ Bedrooms | $310K | - | N/A |
Summary: 77871 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.8%, 3 bedroom homes decreased by 43.4%, 4 bedroom homes increased by 114.5%, and 5+ bedroom homes did not change.
Housing Supply in 77871, TX
How many homes are available in 77871, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The 77871 real estate market had 26 homes for sale in October 2024, a 18.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 77871 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77871, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 77871 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 77871, TX
How long does it take to sell a home in 77871, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 13 Days | -79.2% |
Summary: Homes in 77871 had an average of 13 days on market in Oct 2024, down by 79.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77871 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 77871; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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. This information is deemed reliable, but not guaranteed. Copyright © 2024 Greater Tyler Association of REALTORS® All rights reserved.