Is 76574, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76574 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 76574 was a Seller's Market.

Key Takeaway

76574 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 76574, TX cost?

Median Sold Price

$340,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$60,000(+21.4%)

Key Takeaway

Homes in 76574 have sold for 21.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $182.5K$158K
-13.4%
2 $205K$276.6K
+35.0%
3 $264.2K$331.7K
+25.5%
4 $306.5K$386.5K
+26.1%
5+ $434.5K$517.5K
+19.1%

Median Sold Price Compared To Nearby Zip Codes

76574
+21.4%
78634
+17.4%

How many homes are available in 76574, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
7287+20.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 49
+125.0%
3 4146
+12.2%
4 2227
+22.7%
5+ 44
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
1410-28.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76574, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
18 Days57 Days+201.6%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 76574 has remained consistent over time.

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

About 76574, TX

There are 87 homes are for sale in 76574, TX real estate market. The number of homes for sale in 76574, TX increased by 20.8% between September 2022 and October 2022. In October 2022, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $340,000. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties went down by 13.4%, 2 bedrooms properties prices increased by 35%, 3 bedrooms properties prices increased by 25.5%, 4 bedrooms properties became 26.1% more expensive, 5 bedrooms properties became 19.1% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 125%, number of 3 bedrooms homes increased by 12.2%, number of 4 bedrooms homes increased by 22.7%, 5 bedrooms homes inventory did not change. Over 2 listings were sold over their listed price in October 2022 in 76574, TX. In the same period over 8 listings were sold below the listed price and 0 listings were sold for the listed price.