Is 77384, 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, 77384 has remained a Seller's Market.
Housing Prices in 77384, TX
How much do homes in 77384, TX cost?
Median Sold Price
$425,562
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 77384 was $425,562 in May 2024, up 2.5% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $350K | $310.5K | -11.3% |
3 Bedrooms | $380K | $367.2K | -3.4% |
4 Bedrooms | $440K | $448.1K | +1.8% |
5+ Bedrooms | $580K | $530K | -8.6% |
Summary: 77384 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 decreased by 11.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 8.6%.
Housing Supply in 77384, TX
How many homes are available in 77384, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
166 | 210 | +26.5% |
Summary: The 77384 real estate market had 210 homes for sale in May 2024, a 26.5% 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 | 13 | 10 | -23.1% |
3 Bedrooms | 65 | 83 | +27.7% |
4 Bedrooms | 71 | 96 | +35.2% |
5+ Bedrooms | 17 | 21 | +23.5% |
Summary: The 77384 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 decreased by 23.1%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 35.2%, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 41 | +28.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in 77384 in May 2024, up by 28.1% month-over-month. Of the 41 sold homes, 56% were sold under asking, 24% were sold at asking, and 20% were sold over asking.
Days on Market for 77384, TX
How long does it take to sell a home in 77384, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 48 Days | +100.5% |
Summary: Homes in 77384 had an average of 48 days on market in May 2024, up by 100.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in 77384; 54% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.