Is 76537, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76537 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 76537 has remained a Seller's Market.

Key Takeaway

76537 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 76537, TX

How much do homes in 76537, TX cost?

Median Sold Price

$289,974

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,691(-0.9%)

Key Takeaway

Homes in 76537 have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in 76537 was $289,974 in October 2024, down 0.9% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$259.9K
N/A
2 $258.2K$585K
+126.5%
3 $279.6K$275K
-1.7%
4 $315K$300K
-4.8%
5+ $363.1K$339.9K
-6.4%

Summary: 76537 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 126.5%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 6.4%.

Median Sold Price Compared To Nearby Zip Codes

78633
-0.3%
76537
-0.9%
78626
-1.7%
76571
-3.4%

Housing Supply in 76537, TX

How many homes are available in 76537, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
261242-7.3%

Summary: The 76537 real estate market had 242 homes for sale in October 2024, a 7.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 153144
-5.9%
4 9785
-12.4%
5+ 1012
+20.0%

Summary: The 76537 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5046-8.0%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76537, you may be able to get a good deal. 58.7% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in 76537 in October 2024, down by 8.0% month-over-month. Of the 46 sold homes, 59% were sold under asking, 28% were sold at asking, and 13% were sold over asking.

Days on Market for 76537, TX

How long does it take to sell a home in 76537, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days49 Days+21.0%

Summary: Homes in 76537 had an average of 49 days on market in Oct 2024, up by 21% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76537 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 46 homes were sold in 76537; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% 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 76537, TX

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