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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76550 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 76550 has remained a Seller's Market.

Key Takeaway

76550 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 76550, TX cost?

Median Sold Price

$236,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$43,212(+22.4%)

Key Takeaway

Homes in 76550 have sold for 22.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $262.5K$282.9K
+7.8%
2 $145K$205K
+41.4%
3 $174.9K$224K
+28.1%
4 $282.2K$339.9K
+20.5%
5+ $407.5K$535K
+31.3%

Median Sold Price Compared To Nearby Zip Codes

76539
+32.7%
76550
+22.4%
76522
+12.5%

How many homes are available in 76550, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
3828-26.3%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 11
0.0%
2 97
-22.2%
3 2113
-38.1%
4 55
0.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
76-14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76550, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
61 Days4 Days-92.3%

Breakdown of Home Sale Times

4 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.

About 76550, TX

Homes for sale in 76550, TX have reached 28. The number of homes for sale in 76550, TX decreased by 26.3% between October 2021 and November 2021. In November 2021 median list price was $236,000 and the average listing age was 4 days. Between October 2021 and November 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 7.8%, 2 bedrooms properties prices increased by 41.4%, the cost of 3 bedrooms properties went up by 28.1%, 4 bedrooms properties became 20.5% more expensive, prices of 5 bedrooms properties increased by 31.3%. 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 22.2%, the quantity of 3 bedrooms homes went down by 38.1%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes remained the same. Over 3 listings were sold over their listed price in November 2021 in 76550, TX. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.