Is 75904, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75904 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 75904 was a Seller's Market.

Key Takeaway

75904 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 75904, TX

How much do homes in 75904, TX cost?

Median Sold Price

$259,900

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,900(+6.1%)

Key Takeaway

Homes in 75904 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 75904 was $259,900 in April 2024, up 6.1% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $229.5K$152.5K
-33.6%
3 $241.2K$242K
0.3%
4 $350K$390K
+11.4%
5+ --
N/A

Summary: 75904 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.6%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes did not change.

Housing Supply in 75904, TX

How many homes are available in 75904, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4748+2.1%

Summary: The 75904 real estate market had 48 homes for sale in April 2024, a 2.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 2626
0.0%
4 1213
+8.3%
5+ 77
0.0%

Summary: The 75904 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
880.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 75904, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 75904 in April 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for 75904, TX

How long does it take to sell a home in 75904, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days27 Days-36.2%

Summary: Homes in 75904 had an average of 27 days on market in Apr 2024, down by 36.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 75904 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in 75904; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 3 Days Ago

Newest Listings in 75904, TX

Nearby Markets to 75904, TX