Is 75835, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75835 is a buyer'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

# BEDSOct 2023Oct 2024CHANGE
1 $112.5K$100K
-11.1%
2 $137K$142.5K
+4.0%
3 $185K$207.4K
+12.2%
4 $230K$157.4K
-31.5%
5+ $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
+28.8%
75835
+3.9%

Housing Supply in 75835, TX

How many homes are available in 75835, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107106-0.9%

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

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 1818
0.0%
3 6562
-4.6%
4 1516
+6.7%
5+ 67
+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 2024Oct 2024CHANGE
1112+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

Asking vs Sold - buyer

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 2023Oct 2024CHANGE
144 Days71 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 75835, TX

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