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 21 Days Ago

Newest Listings in 76179, TX

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