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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75831 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 75831 has remained a Buyer's Market.

Key Takeaway

75831 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 75831, TX cost?

Median Sold Price

$220,000

$104/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$160,000(-42.1%)

Key Takeaway

Homes in 75831 have sold for 42.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 --
N/A
3 $346.2K$281.8K
-18.6%
4 $380K$315K
-17.1%
5+ -$120K
N/A

How many homes are available in 75831, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
3237+15.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 02
+100.0%
2 47
+75.0%
3 1718
+5.9%
4 87
-12.5%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
35+66.7%

Asking Price vs. Sold Price

4 Homes Were 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 75831, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
43 Days60 Days+38.5%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 75831 has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 75831, TX

75831, TX has 37 homes on the market. In November 2022 in 75831, TX there were 15.6% more homes for sale than in October 2022. In November 2022, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $220,000. Listing prices have changed in this real estate market between November 2021 and November 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 18.6% more cheaper, prices of 4 bedrooms properties decreased by 17.1%, 5 bedrooms properties prices increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes became 100% more available, the quantity of 2 bedrooms homes went up by 75%, number of 3 bedrooms homes increased by 5.9%, volume of 4 bedrooms homes went down by 12.5%, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in November 2022 in 75831, TX. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.