Is 75938, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75938 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 75938 was a Seller's Market.

Key Takeaway

75938 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 75938, TX

How much do homes in 75938, TX cost?

Median Sold Price

$200,000

$185/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$47,500(-19.2%)

Key Takeaway

Homes in 75938 have sold for 19.2% less than they did a month ago.

Summary: The median home sold price in 75938 was $200,000 in October 2024, down 19.2% from last month, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $210K-
N/A
3 $295K$200K
-32.2%
4 --
N/A
5+ --
N/A

Summary: 75938 housing prices by bedroom type for October 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 decreased by 32.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

75951
+12.4%
75938
-19.2%

Housing Supply in 75938, TX

How many homes are available in 75938, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1714-17.6%

Summary: The 75938 real estate market had 14 homes for sale in October 2024, a 17.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 64
-33.3%
3 87
-12.5%
4 32
-33.3%
5+ 00
0.0%

Summary: The 75938 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

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 75938, 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 75938 in October 2024, down by 75.0% month-over-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 75938, TX

How long does it take to sell a home in 75938, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
55 Days20 Days-64.0%

Summary: Homes in 75938 had an average of 20 days on market in Oct 2024, down by 64% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 75938 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 75938; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in 75938, TX

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