Is 76527, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76527 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 76527 has remained a Buyer's Market.

Key Takeaway

76527 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 76527, TX

How much do homes in 76527, TX cost?

Median Sold Price

$630,000

$243/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$90,000(-12.5%)

Key Takeaway

Homes in 76527 have sold for 12.5% less than they did a month ago.

Summary: The median home sold price in 76527 was $630,000 in March 2024, down 12.5% from last month, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $925K$1.0M
+15.7%
4 -$565K
N/A
5+ $515K-
N/A

Summary: 76527 housing prices by bedroom type for March 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 15.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 76527, TX

How many homes are available in 76527, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2123+9.5%

Summary: The 76527 real estate market had 23 homes for sale in March 2024, a 9.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 99
0.0%
4 68
+33.3%
5+ 55
0.0%

Summary: The 76527 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 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 76527, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 76527 in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 76527, TX

How long does it take to sell a home in 76527, TX?

Average Sale Time

Feb 2024Mar 2024CHANGE
54 Days64 Days+18.5%

Summary: Homes in 76527 had an average of 64 days on market in Mar 2024, up by 18.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76527 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in 76527; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 22 Days Ago

Newest Listings in 76527, TX

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