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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75846 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 75846 was a Seller's Market.

Key Takeaway

75846 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 75846, TX

How much do homes in 75846, TX cost?

Median Sold Price

$297,500

$2,466/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$52,500(+21.4%)

Key Takeaway

Homes in 75846 have sold for 21.4% more than they did a month ago.

Summary: The median home sold price in 75846 was $297,500 in November 2024, up 21.4% from last month, and the median price per square foot was $2,466.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $245K$480K
+95.9%
4 --
N/A
5+ -$115K
N/A

Summary: 75846 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 increased by 95.9%, 4 bedroom homes did not change, 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

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The 75846 real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 87
-12.5%
4 01
+100.0%
5+ 33
0.0%

Summary: The 75846 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 75846 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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

Oct 2024Nov 2024CHANGE
36 Days17 Days-52.8%

Summary: Homes in 75846 had an average of 17 days on market in Nov 2024, down by 52.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in 75846 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 75846; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in 75846, TX

Nearby Markets to 75846, TX