Is 76550, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76550 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 76550 was a Seller's Market.

Key Takeaway

76550 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 76550, TX cost?

Median Sold Price

$319,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$83,000(+35.2%)

Key Takeaway

Homes in 76550 have sold for 35.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $282.9K$210K
-25.8%
2 $200K$183.1K
-8.5%
3 $224K$280K
+25.0%
4 $339.9K$395K
+16.2%
5+ $535K$760K
+42.1%

Median Sold Price Compared To Nearby Zip Codes

76550
+35.2%
76539
+33.8%
76522
+13.5%

How many homes are available in 76550, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
3538+8.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 43
-25.0%
3 1922
+15.8%
4 1011
+10.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76550, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
7 Days16 Days+113.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76550 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 76550, TX

Number of homes for sale in 76550, TX real estate market have reached 38. The number of listings in 76550, TX increased by 8.6% between October 2022 and November 2022. While the average time on the market in November 2022 was 16 days, the median list price was $319,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties went down by 25.8%, 2 bedrooms properties became 8.5% more cheaper, 3 bedrooms properties became 25% more expensive, 4 bedrooms properties became 16.2% more expensive, 5 bedrooms properties prices increased by 42.1%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 25%, 3 bedrooms homes inventory increased by 15.8%, 4 bedrooms homes inventory increased by 10%, the quantity of 5 bedrooms homes have not changed. 76550, TX housing market in November 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.