Is Tyler County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyler County is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Tyler County, TX

How much do homes in Tyler County, TX cost?

Median Sold Price

$205,750

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$24,750(+13.7%)

Key Takeaway

Homes in Tyler County have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Tyler County was $205,750 in February 2024, up 13.7% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $191.2K$190K
-0.7%
2 $136K$191K
+40.4%
3 $179.4K$174K
-3.0%
4 $285K$275K
-3.5%
5+ $400.5K$715K
+78.5%

Summary: Tyler County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 40.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 78.5%.

Median Sold Price Compared To Nearby Counties

Tyler County
+13.7%
Polk County
+5.8%
Hardin County
-5.4%

Housing Supply in Tyler County, TX

How many homes are available in Tyler County, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6779+17.9%

Summary: The Tyler County real estate market had 79 homes for sale in February 2024, a 17.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 35
+66.7%
2 1318
+38.5%
3 3639
+8.3%
4 1315
+15.4%
5+ 22
0.0%

Summary: The Tyler County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tyler County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Tyler County in February 2024, down by 54.5% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Tyler County, TX

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

Average Sale Time

Feb 2023Feb 2024CHANGE
72 Days59 Days-17.9%

Summary: Homes in Tyler County had an average of 59 days on market in Feb 2024, down by 17.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 5 homes were sold in Tyler County; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 28 Days Ago

Newest Listings in Tyler County, TX

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What housing markets are near Tyler County, TX?