Is 75901, 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, 75901 was a Seller's Market.
Key Takeaway
75901 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 75901, TX
How much do homes in 75901, TX cost?
Median Sold Price
$204,200
$135/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 75901 have sold for 5.7% less than they did a month ago.
Summary: The median home sold price in 75901 was $204,200 in April 2024, down 5.7% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $263K | - | N/A |
| 3 Bedrooms | $169.7K | $225K | +32.5% |
| 4 Bedrooms | $549K | $89.9K | -83.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: 75901 housing prices by bedroom type for April 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 increased by 32.5%, 4 bedroom homes decreased by 83.6%, and 5+ bedroom homes did not change.
Housing Supply in 75901, TX
How many homes are available in 75901, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The 75901 real estate market had 29 homes for sale in April 2024, a 3.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 75901 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 75901, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 75901 in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 75901, TX
How long does it take to sell a home in 75901, TX?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 35 Days | -47.4% |
Summary: Homes in 75901 had an average of 35 days on market in Apr 2024, down by 47.4% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 75901 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in 75901; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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