Is 75703, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75703 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 75703 has remained a Buyer's Market.

Key Takeaway

75703 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 75703, TX

How much do homes in 75703, TX cost?

Median Sold Price

$200,000

$80/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$510,000(-71.8%)

Key Takeaway

Homes in 75703 have sold for 71.8% less than they did a month ago.

Summary: The median home sold price in 75703 was $200,000 in November 2024, down 71.8% from last month, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$200K
N/A
4 $710K-
N/A
5+ --
N/A

Summary: 75703 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 75703, TX

How many homes are available in 75703, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
227255+12.3%

Summary: The 75703 real estate market had 255 homes for sale in November 2024, a 12.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1516
+6.7%
3 91116
+27.5%
4 9795
-2.1%
5+ 2427
+12.5%

Summary: The 75703 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 6.7%, 3 bedroom homes increased by 27.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
17170.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 75703, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 75703 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 75703, TX

How long does it take to sell a home in 75703, TX?

Average Sale Time

Oct 2024Nov 2024CHANGE
26 Days73 Days+176.0%

Summary: Homes in 75703 had an average of 73 days on market in Nov 2024, up by 176% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 75703 has remained consistent over time.

Summary: During November 2024, 17 homes were sold in 75703; 6% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% 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 75703, TX

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