Is 76548, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76548 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 76548 has remained a Seller's Market.

Key Takeaway

76548 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 76548, TX cost?

Median Sold Price

$306,750

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$39,250(+14.7%)

Key Takeaway

Homes in 76548 have sold for 14.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $115K-
N/A
3 $225K$262.5K
+16.7%
4 $270K$360K
+33.3%
5+ $411.7K$357K
-13.3%

Median Sold Price Compared To Nearby Zip Codes

76542
+17.8%
76548
+14.7%
76571
+7.1%

How many homes are available in 76548, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
3027-10.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 1311
-15.4%
4 1314
+7.7%
5+ 42
-50.0%

Number of Homes Sold

Sep 2022Oct 2022%
118-27.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76548, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
7 Days18 Days+167.9%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76548 are selling fast, if you're buying plan to act quickly.

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

About 76548, TX

Number of homes for sale in 76548, TX real estate market have reached 27. In October 2022 in 76548, TX there were 10% less homes for sale than in September 2022. In October 2022 median list price was $306,750 and the average listing age was 18 days. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties increased by 16.7%, prices of 4 bedrooms properties went up by 33.3%, the cost of 5 bedrooms properties went down by 13.3%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 15.4% less available, volume of 4 bedrooms homes went up by 7.7%, 5 bedrooms homes inventory decreased by 50%. In October 2022 more than 3 listings in 76548, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below.