Is 75979, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 75979 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 75979 was a Neutral Market.

Key Takeaway

75979 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 75979, TX cost?

Median Sold Price

$169,900

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$13,400(+8.6%)

Key Takeaway

Homes in 75979 have sold for 8.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $66.5K$407.1K
+512.2%
2 $110K$117K
+6.4%
3 $157K$165.9K
+5.7%
4 $225K$292.4K
+30.0%
5+ $290K-
N/A

Median Sold Price Compared To Nearby Zip Codes

75938
+21.6%
75979
+8.6%

How many homes are available in 75979, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
5455+1.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 1110
-9.1%
3 3032
+6.7%
4 99
0.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
36+100.0%

Asking Price vs. Sold Price

6 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 75979, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
26 Days41 Days+58.4%

Breakdown of Home Sale Times

2 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 75979 has remained consistent over time.

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

About 75979, TX

There are 55 homes are for sale in 75979, TX real estate market. The number of listings in 75979, TX increased by 1.9% between October 2022 and November 2022. Listings spent 41 days on the market in November 2022, and had a median list price of $169,900 during the same period. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 512.2%, prices of 2 bedrooms properties went up by 6.4%, prices of 3 bedrooms properties went up by 5.7%, 4 bedrooms properties became 30% more expensive, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 9.1% less available, number of 3 bedrooms homes increased by 6.7%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes remained the same. Over 0 listings were sold over their listed price in November 2022 in 75979, TX. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price.