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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76574 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 76574 has remained a Seller's Market.

Key Takeaway

76574 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 76574, TX cost?

Median Sold Price

$275,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$62,000(+29.1%)

Key Takeaway

Homes in 76574 have sold for 29.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 -$182.5K
N/A
2 $147K$205K
+39.5%
3 $207.5K$262.5K
+26.5%
4 $255.2K$305K
+19.5%
5+ $440K$434.5K
-1.3%

Median Sold Price Compared To Nearby Zip Codes

78634
+40.8%
76574
+29.1%

How many homes are available in 76574, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
8574-12.9%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 10
-100.0%
2 1111
0.0%
3 4540
-11.1%
4 2219
-13.6%
5+ 64
-33.3%

Number of Homes Sold

Sep 2021Oct 2021%
2529+16.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76574, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
18 Days19 Days+10.7%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 76574 are selling fast, if you're buying plan to act quickly.

About 76574, TX

Homes for sale in 76574, TX have reached 74. The number of listings in 76574, TX decreased by 12.9% between September 2021 and October 2021. In October 2021 median list price was $275,000 and the average listing age was 19 days. Listing prices have changed in this real estate market between September 2021 and October 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 39.5%, prices of 3 bedrooms properties increased by 26.5%, 4 bedrooms properties prices increased by 19.5%, prices of 5 bedrooms properties decreased by 1.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory decreased by 100%, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes went down by 11.1%, number of 4 bedrooms homes decreased by 13.6%, 5 bedrooms homes became 33.3% less available. In October 2021 more than 15 listings in 76574, TX were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 10 were sold below.