Is 76549, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76549 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 76549 was a Seller's Market.

Key Takeaway

76549 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 76549, TX

How much do homes in 76549, TX cost?

Median Sold Price

$235,400

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$4,600(-1.9%)

Key Takeaway

Homes in 76549 have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in 76549 was $235,400 in March 2024, down 1.9% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $286.5K$310K
+8.2%
2 $125K$231K
+84.8%
3 $207K$219.9K
+6.2%
4 $253K$254.9K
+0.8%
5+ $327.4K$308K
-5.9%

Summary: 76549 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 84.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Zip Codes

76549
-1.9%
76542
-5.8%

Housing Supply in 76549, TX

How many homes are available in 76549, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5678+39.3%

Summary: The 76549 real estate market had 78 homes for sale in March 2024, a 39.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 11
0.0%
3 1732
+88.2%
4 3136
+16.1%
5+ 58
+60.0%

Summary: The 76549 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 88.2%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76549, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 76549 in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 76549, TX

How long does it take to sell a home in 76549, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
66 Days49 Days-25.6%

Summary: Homes in 76549 had an average of 49 days on market in Mar 2024, down by 25.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76549 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in 76549; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% 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 76549, TX

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