Is 76513, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76513 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 76513 was a Neutral Market.

Key Takeaway

76513 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 76513, TX

How much do homes in 76513, TX cost?

Median Sold Price

$404,211

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,211(+2.3%)

Key Takeaway

Homes in 76513 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 76513 was $404,211 in November 2024, up 2.3% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$247.2K
N/A
2 $274.5K-
N/A
3 $314K$349.5K
+11.3%
4 $439.4K$450K
+2.4%
5+ $519.4K$495K
-4.7%

Summary: 76513 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

76513
+2.3%
76502
-0.8%
76571
-1.5%
76559
-19.2%

Housing Supply in 76513, TX

How many homes are available in 76513, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
285327+14.7%

Summary: The 76513 real estate market had 327 homes for sale in November 2024, a 14.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 111124
+11.7%
4 137162
+18.2%
5+ 3438
+11.8%

Summary: The 76513 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 remained the same, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76513, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in 76513 in November 2024, up by 71.4% month-over-month. Of the 12 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.

Days on Market for 76513, TX

How long does it take to sell a home in 76513, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days70 Days+95.6%

Summary: Homes in 76513 had an average of 70 days on market in Nov 2024, up by 95.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 76513 has remained consistent over time.

Summary: During November 2024, 12 homes were sold in 76513; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% 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 23 Days Ago

Newest Listings in 76513, TX

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