Is 76642, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 76642 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 76642 was a Seller's Market.

Key Takeaway

76642 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 76642, TX cost?

Median Sold Price

$108,000

$72/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$82,000(-43.2%)

Key Takeaway

Homes in 76642 have sold for 43.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 $190K-
N/A
2 --
N/A
3 $675K$108K
-84.0%
4 $189K-
N/A
5+ --
N/A

How many homes are available in 76642, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
2322-4.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 21
-50.0%
2 56
+20.0%
3 1311
-15.4%
4 22
0.0%
5+ 12
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 76642, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
47 Days56 Days+17.5%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 76642 has remained consistent over time.

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

About 76642, TX

Number of homes for sale in 76642, TX real estate market have reached 22. The number of homes for sale in 76642, TX decreased by 4.3% between September 2022 and October 2022. Listings spent 56 days on the market in October 2022, and had a median list price of $108,000 during the same period. Between October 2021 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 0%, prices of 3 bedrooms properties went down by 84%, 4 bedrooms properties became 0% more expensive, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 50%, 2 bedrooms homes inventory increased by 20%, the quantity of 3 bedrooms homes went down by 15.4%, 4 bedrooms homes did not move, 5 bedrooms homes inventory increased by 100%. In October 2022, from all listings sold in 76642, TX there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.