Is 76537, 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, 76537 was a Seller's Market.
Housing Prices in 76537, TX
How much do homes in 76537, TX cost?
Median Sold Price
$299,475
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 76537 was $299,475 in March 2024, down 6.1% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $259.9K | N/A |
2 Bedrooms | $285K | $274.5K | -3.7% |
3 Bedrooms | $300K | $279K | -7.0% |
4 Bedrooms | $351.4K | $321.4K | -8.5% |
5+ Bedrooms | $372K | $348.9K | -6.2% |
Summary: 76537 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 decreased by 3.7%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 6.2%.
Housing Supply in 76537, TX
How many homes are available in 76537, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
138 | 168 | +21.7% |
Summary: The 76537 real estate market had 168 homes for sale in March 2024, a 21.7% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 73 | 103 | +41.1% |
4 Bedrooms | 49 | 49 | 0.0% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 76537 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 increased by 41.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 76537 in March 2024, up by 10.5% month-over-month. Of the 21 sold homes, 62% were sold under asking, 14% were sold at asking, and 24% were sold over asking.
Days on Market for 76537, TX
How long does it take to sell a home in 76537, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 75 Days | +24.0% |
Summary: Homes in 76537 had an average of 75 days on market in Mar 2024, up by 24% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 76537; 29% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.