Is 75859, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 75859 was a Seller's Market.
Key Takeaway
75859 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 75859, TX
How much do homes in 75859, TX cost?
Median Sold Price
$415,000
$187/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in 75859 have sold for 8.8% less than they did a month ago.
Summary: The median home sold price in 75859 was $415,000 in June 2024, down 8.8% from last month, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $455K | - | N/A |
| 3 Bedrooms | - | $415K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 75859 housing prices by bedroom type for June 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.
Housing Supply in 75859, TX
How many homes are available in 75859, TX?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 32 | 31 | -3.1% |
Summary: The 75859 real estate market had 31 homes for sale in June 2024, a 3.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 75859 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 75859, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 75859 in June 2024, down by 33.3% 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 75859, TX
How long does it take to sell a home in 75859, TX?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 180 Days | 51 Days | -71.3% |
Summary: Homes in 75859 had an average of 51 days on market in Jun 2024, down by 71.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 75859 has remained consistent over time.
Summary: During June 2024, 4 homes were sold in 75859; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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