Is Tyler County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyler County is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Tyler County, TX

How much do homes in Tyler County, TX cost?

Median Sold Price

$196,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$16,050(+8.9%)

Key Takeaway

Homes in Tyler County have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Tyler County was $196,000 in May 2024, up 8.9% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $185K$150K
-18.9%
2 $124.3K$166K
+33.5%
3 $177K$190K
+7.3%
4 $269.9K$265K
-1.8%
5+ $106K$608.7K
+474.3%

Summary: Tyler County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.9%, 2 bedroom homes increased by 33.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 474.3%.

Median Sold Price Compared To Nearby Counties

Polk County
+11.3%
Tyler County
+8.9%
Hardin County
0.2%
Angelina County
-1.2%

Housing Supply in Tyler County, TX

How many homes are available in Tyler County, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
91100+9.9%

Summary: The Tyler County real estate market had 100 homes for sale in May 2024, a 9.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 54
-20.0%
2 2323
0.0%
3 4347
+9.3%
4 1823
+27.8%
5+ 23
+50.0%

Summary: The Tyler County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

7 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 Tyler County, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Tyler County in May 2024, up by 28.6% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for Tyler County, TX

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

Average Sale Time

May 2023May 2024CHANGE
67 Days134 Days+97.9%

Summary: Homes in Tyler County had an average of 134 days on market in May 2024, up by 97.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Tyler County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 9 homes were sold in Tyler County; 11% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 67% 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 1 Day Ago

Newest Listings in Tyler County, TX

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