$1,121,480
140.19 Acres
Land
John Brannen, Listing Office: Lawrence Realty
Is 75835, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 75835 has remained a Buyer's Market.
Key Takeaway
75835 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 75835, TX
How much do homes in 75835, TX cost?
Median Sold Price
$187,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,000(+3.9%)
Key Takeaway
Homes in 75835 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 75835 was $187,000 in October 2024, up 3.9% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | $100K | -11.1% |
| 2 Bedrooms | $137K | $142.5K | +4.0% |
| 3 Bedrooms | $185K | $207.4K | +12.2% |
| 4 Bedrooms | $230K | $157.4K | -31.5% |
| 5+ Bedrooms | $238.2K | $347K | +45.6% |
Summary: 75835 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 31.5%, and 5+ bedroom homes increased by 45.6%.
Median Sold Price Compared To Nearby Zip Codes
| 75844 | $235.6K | $303.5K | +28.8% |
| 75835 | $180K | $187K | +3.9% |
Housing Supply in 75835, TX
How many homes are available in 75835, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 107 | 106 | -0.9% |
Summary: The 75835 real estate market had 106 homes for sale in October 2024, a 0.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 65 | 62 | -4.6% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 75835 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 remained the same, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 75835, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 75835 in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 75835, TX
How long does it take to sell a home in 75835, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 144 Days | 71 Days | -50.7% |
Summary: Homes in 75835 had an average of 71 days on market in Oct 2024, down by 50.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 75835 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 75835; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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