Is 76244, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76244 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 76244 has remained a Seller's Market.

Key Takeaway

76244 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 76244, TX

How much do homes in 76244, TX cost?

Median Sold Price

$315,999

$168/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$15,000(+5.0%)

Key Takeaway

Homes in 76244 have sold for 5% more than they did a month ago.

Summary: The median home sold price in 76244 was $315,999 in June 2024, up 5% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 --
N/A
3 $280.4K-
N/A
4 $304.9K$315.9K
+3.6%
5+ --
N/A

Summary: 76244 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 increased by 3.6%, and 5+ bedroom homes did not change.

Housing Supply in 76244, TX

How many homes are available in 76244, TX?

Number of Homes For Sale

May 2024Jun 2024CHANGE
283328+15.9%

Summary: The 76244 real estate market had 328 homes for sale in June 2024, a 15.9% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 11
0.0%
3 95110
+15.8%
4 143161
+12.6%
5+ 4456
+27.3%

Summary: The 76244 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 remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
7672-5.3%

Asking Price vs. Sold Price

1 Home Was 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 76244, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 72 homes were sold or pending in 76244 in June 2024, down by 5.3% 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 76244, TX

How long does it take to sell a home in 76244, TX?

Average Sale Time

May 2024Jun 2024CHANGE
23 Days23 Days+0.8%

Summary: Homes in 76244 had an average of 23 days on market in Jun 2024, up by 0.8% compared to last month.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76244 are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 72 homes were sold in 76244; 72% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 3% 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 26 Days Ago

Newest Listings in 76244, TX

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