Is 76539, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76539 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 76539 has remained a Buyer's Market.

Key Takeaway

76539 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 76539, TX

How much do homes in 76539, TX cost?

Median Sold Price

$300,000

$199/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$219,000(-42.2%)

Key Takeaway

Homes in 76539 have sold for 42.2% less than they did a month ago.

Summary: The median home sold price in 76539 was $300,000 in October 2024, down 42.2% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $519K$265K
-48.9%
4 -$335K
N/A
5+ --
N/A

Summary: 76539 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 decreased by 48.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

76550
-6.4%
76539
-42.2%

Housing Supply in 76539, TX

How many homes are available in 76539, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2226+18.2%

Summary: The 76539 real estate market had 26 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1212
0.0%
4 912
+33.3%
5+ 12
+100.0%

Summary: The 76539 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 remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76539, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 76539 in October 2024, up by 200.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 76539, TX

How long does it take to sell a home in 76539, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
63 Days11 Days-82.5%

Summary: Homes in 76539 had an average of 11 days on market in Oct 2024, down by 82.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76539 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 76539; 67% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in 76539, TX

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