Is 75846, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75846 is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, 75846 has remained a Buyer's Market.

Key Takeaway

75846 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 75846, TX

How much do homes in 75846, TX cost?

Median Sold Price

$370,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,000(+1.4%)

Key Takeaway

Homes in 75846 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 75846 was $370,000 in May 2024, up 1.4% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $106K$214.5K
+102.4%
2 $355K$90K
-74.6%
3 $459K$370K
-19.4%
4 $250K$879.5K
+251.8%
5+ --
N/A

Summary: 75846 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.4%, 2 bedroom homes decreased by 74.6%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 251.8%, and 5+ bedroom homes did not change.

Housing Supply in 75846, TX

How many homes are available in 75846, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1012+20.0%

Summary: The 75846 real estate market had 12 homes for sale in May 2024, a 20.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 23
+50.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The 75846 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

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 75846, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 75846 in May 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 75846, TX

How long does it take to sell a home in 75846, TX?

Average Sale Time

May 2023May 2024CHANGE
244 Days44 Days-82.0%

Summary: Homes in 75846 had an average of 44 days on market in May 2024, down by 82% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 75846 has remained consistent over time.

Summary: During May 2024, 1 homes were sold in 75846; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in 75846, TX

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