Is 77065, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 77065 has remained a Seller's Market.
Housing Prices in 77065, TX
How much do homes in 77065, TX cost?
Median Sold Price
$295,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 77065 was $295,000 in May 2024, down 0.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $218.5K | $237.5K | +8.7% |
3 Bedrooms | $268.4K | $273.6K | +1.9% |
4 Bedrooms | $336K | $347K | +3.3% |
5+ Bedrooms | $474.5K | $380K | -19.9% |
Summary: 77065 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 19.9%.
Housing Supply in 77065, TX
How many homes are available in 77065, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
60 | 75 | +25.0% |
Summary: The 77065 real estate market had 75 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 29 | 36 | +24.1% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 77065 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 77065 in May 2024, up by 42.9% month-over-month. Of the 20 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for 77065, TX
How long does it take to sell a home in 77065, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 21 Days | -32.4% |
Summary: Homes in 77065 had an average of 21 days on market in May 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in 77065; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.