Is 75831, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75831 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 75831 was a Buyer's Market.

Key Takeaway

75831 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 75831, TX cost?

Median Sold Price

$282,500

$144/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

+$56,500(+25.0%)

Key Takeaway

Homes in 75831 have sold for 25% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 --
N/A
2 -$300K
N/A
3 $226K$317K
+40.3%
4 -$225K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

75846
+26.3%
75831
+25.0%
75860
-54.9%
75855
-69.4%

How many homes are available in 75831, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
2219-13.6%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 11
0.0%
2 53
-40.0%
3 1312
-7.7%
4 33
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
27+250.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 75831, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Nov 2021%
43 Days29 Days-31.8%

Breakdown of Home Sale Times

5 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

Many homes in 75831 are selling fast, if you're buying plan to act quickly.

About 75831, TX

There are 19 homes are for sale in 75831, TX real estate market. The inventory of homes for sale in 75831, TX between October 2021 and November 2021 decreased by 13.6%. Listings spent 29 days on the market in November 2021, and had a median list price of $282,500 during the same period. From November 2020 through November 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices increased by 40.3%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 40%, 3 bedrooms homes inventory decreased by 7.7%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes stayed the same. In November 2021, from all listings sold in 75831, TX there were more than 1 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price.