Is 76179, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76179 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 76179 was a Seller's Market.

Key Takeaway

76179 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 76179, TX

How much do homes in 76179, TX cost?

Median Sold Price

$389,999

$300/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$284,901(-42.2%)

Key Takeaway

Homes in 76179 have sold for 42.2% less than they did a month ago.

Summary: The median home sold price in 76179 was $389,999 in October 2024, down 42.2% from last month, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$389.9K
N/A
3 $674.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: 76179 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 76179, TX

How many homes are available in 76179, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
538518-3.7%

Summary: The 76179 real estate market had 518 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1312
-7.7%
3 227217
-4.4%
4 238232
-2.5%
5+ 6057
-5.0%

Summary: The 76179 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 7.7%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10578-25.7%

Asking Price vs. Sold Price

0 Homes Were 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 76179, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 78 homes were sold or pending in 76179 in October 2024, down by 25.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 76179, TX

How long does it take to sell a home in 76179, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
43 Days41 Days-6.1%

Summary: Homes in 76179 had an average of 41 days on market in Oct 2024, down by 6.1% compared to last month.

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 76179 has remained consistent over time.

Summary: During October 2024, 78 homes were sold in 76179; 0% of homes were sold within 30 days, 1% 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 4 Days Ago

Newest Listings in 76179, TX

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