Is 75951, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75951 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 75951 was a Seller's Market.

Key Takeaway

75951 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 75951, TX

How much do homes in 75951, TX cost?

Median Sold Price

$95,500

$48/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$10,500(+12.4%)

Key Takeaway

Homes in 75951 have sold for 12.4% more than they did a month ago.

Summary: The median home sold price in 75951 was $95,500 in October 2024, up 12.4% from last month, and the median price per square foot was $48.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $210K-
N/A
3 $72.5K$95.5K
+31.7%
4 $80K-
N/A
5+ --
N/A

Summary: 75951 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 increased by 31.7%, 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 75951, TX

How many homes are available in 75951, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1817-5.6%

Summary: The 75951 real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 87
-12.5%
4 45
+25.0%
5+ 22
0.0%

Summary: The 75951 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 decreased by 25%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

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 75951, 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 75951 in October 2024, down by 50.0% 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 75951, TX

How long does it take to sell a home in 75951, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
138 Days86 Days-37.4%

Summary: Homes in 75951 had an average of 86 days on market in Oct 2024, down by 37.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 75951 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 75951; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 75951, TX

Nearby Markets to 75951, TX