Is 76567, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76567 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 76567 was a Seller's Market.

Key Takeaway

76567 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 76567, TX

How much do homes in 76567, TX cost?

Median Sold Price

$232,500

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,500(+16.3%)

Key Takeaway

Homes in 76567 have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in 76567 was $232,500 in April 2024, up 16.3% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $75K$155K
+106.7%
2 $158K$180K
+13.9%
3 $201.5K$232.5K
+15.4%
4 $296.2K$380K
+28.3%
5+ --
N/A

Summary: 76567 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.7%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

76567
+16.3%
76520
-30.4%

Housing Supply in 76567, TX

How many homes are available in 76567, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
52520.0%

Summary: The 76567 real estate market had 52 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 119
-18.2%
3 2729
+7.4%
4 109
-10.0%
5+ 34
+33.3%

Summary: The 76567 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76567, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 76567 in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 76567, TX

How long does it take to sell a home in 76567, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
72 Days78 Days+8.6%

Summary: Homes in 76567 had an average of 78 days on market in Apr 2024, up by 8.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76567 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in 76567; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% 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 9 Days Ago

Newest Listings in 76567, TX

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