Is 76853, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76853 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 76853 was a Neutral Market.

Key Takeaway

76853 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 76853, TX

How much do homes in 76853, TX cost?

Median Sold Price

$203,800

$100/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$346,200(-62.9%)

Key Takeaway

Homes in 76853 have sold for 62.9% less than they did a month ago.

Summary: The median home sold price in 76853 was $203,800 in October 2024, down 62.9% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$203.8K
N/A
4 $550K-
N/A
5+ --
N/A

Summary: 76853 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.

Median Sold Price Compared To Nearby Zip Codes

76550
-6.4%
76853
-62.9%

Housing Supply in 76853, TX

How many homes are available in 76853, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The 76853 real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The 76853 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 decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76853, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 76853 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 76853, TX

How long does it take to sell a home in 76853, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
218 Days289 Days+32.6%

Summary: Homes in 76853 had an average of 289 days on market in Oct 2024, up by 32.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 76853 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in 76853; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in 76853, TX

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