Is 76502, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 76502 was a Seller's Market.
Housing Prices in 76502, TX
How much do homes in 76502, TX cost?
Median Sold Price
$299,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 76502 was $299,000 in March 2024, down 5.1% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210.5K | $389.4K | +85.0% |
3 Bedrooms | $282K | $262.4K | -7.0% |
4 Bedrooms | $360K | $320K | -11.1% |
5+ Bedrooms | $452.4K | $556K | +22.9% |
Summary: 76502 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 85%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 22.9%.
Median Sold Price Compared To Nearby Zip Codes
76513 | $383K | $399.9K | +4.4% |
76502 | $315K | $299K | -5.1% |
Housing Supply in 76502, TX
How many homes are available in 76502, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 87 | +7.4% |
Summary: The 76502 real estate market had 87 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 37 | 39 | +5.4% |
4 Bedrooms | 36 | 38 | +5.6% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 76502 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 76502 in March 2024, down by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for 76502, TX
How long does it take to sell a home in 76502, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 41 Days | +68.0% |
Summary: Homes in 76502 had an average of 41 days on market in Mar 2024, up by 68% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 76502; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.