Is 75851, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75851 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 75851 has remained a Buyer's Market.

Key Takeaway

75851 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 75851, TX cost?

Median Sold Price

$349,900

$214/sqft

Based on all homes sold in October 2021.

Difference Since Last Month

+$194,900(+125.7%)

Key Takeaway

Homes in 75851 have sold for 125.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Oct 2021%
1 --
N/A
2 $150K-
N/A
3 -$574.2K
N/A
4 -$293K
N/A
5+ $160K-
N/A

How many homes are available in 75851, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
2022+10.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 46
+50.0%
3 1011
+10.0%
4 55
0.0%
5+ 10
-100.0%

Number of Homes Sold

Sep 2021Oct 2021%
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 75851, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Oct 2021%
17 Days103 Days+490.5%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 75851 are taking a long time to sell, it's a good idea to negotiate on homes here.

About 75851, TX

Homes for sale in 75851, TX have reached 22. In October 2021 in 75851, TX there were 10% more homes for sale than in September 2021. In October 2021, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $349,900. From October 2020 through October 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties became 0% more expensive, prices of 4 bedrooms properties increased by 0%, the cost of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 50%, volume of 3 bedrooms homes went up by 10%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes became 100% less available. 75851, TX housing market in October 2021 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.