$42,500
4.03 Acres
Land
Sonny Tunstall, Listing Office: Sonny Tunstall Real Estate
Is 75844, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 75844 was a Seller's Market.
Key Takeaway
75844 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 75844, TX
How much do homes in 75844, TX cost?
Median Sold Price
$303,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$67,840(+28.8%)
Key Takeaway
Homes in 75844 have sold for 28.8% more than they did a year ago.
Summary: The median home sold price in 75844 was $303,500 in October 2024, up 28.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.3M | - | N/A |
| 2 Bedrooms | $190.2K | $185K | -2.8% |
| 3 Bedrooms | $245K | $315K | +28.6% |
| 4 Bedrooms | $330K | $290K | -12.1% |
| 5+ Bedrooms | - | $730.6K | N/A |
Summary: 75844 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 75844 | $235.6K | $303.5K | +28.8% |
| 75835 | $180K | $187K | +3.9% |
Housing Supply in 75844, TX
How many homes are available in 75844, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The 75844 real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 75844 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 remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 75844, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 75844 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 75844, TX
How long does it take to sell a home in 75844, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 144 Days | +90.0% |
Summary: Homes in 75844 had an average of 144 days on market in Oct 2024, up by 90% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 75844 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in 75844; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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