75707 Housing Market Report March 2025•Smith County, Texas

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Housing Prices in 75707, TX

How much do homes in 75707, TX cost?

Housing Market Conditions

Is 75707, TX a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

75707 is a Seller's Market

Difference Since February 2025

Last month, 75707 was a Buyer's Market.

Insight

75707 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$418,500$193/SqFt
+$18,600
+4.7%

Based on all homes sold in March 2025

Insight

Homes in 75707 have sold for 4.7% more than they did a month ago.

Summary: The median home sold price in 75707 was $418,500 in March 2025, up 4.7% from last month, and the median price per square foot was $193.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
75707
+4.7%
75791
+2.9%
75701
+2.1%
75705
-9.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1--
N/A
2$400K-
N/A
3$277.8K$305K
+9.8%
4$399.9K$471.5K
+17.9%
5-$1.1M
N/A

Summary: 75707 housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +9.8%. The home price for 4 bedroom homes increased by +17.9%. The home price for 5 bedroom homes did not change.

How does 75707, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

75707, TX

Housing supply in 75707, TX

How many homes are available in 75707, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
93Last MonthMar 2025
862 months agoFeb 2025
+8.1 %
Change MoMFeb – Mar

Summary: The 75707 real estate market had 93 homes for sale in Mar 2025, a 8.1 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
17Last MonthMar 2025
102 months agoFeb 2025
+70.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
234
+33.3%
34044
+10.0%
43232
0.0%
51012
+20.0%

Summary: 75707 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +20.0%.

Asking Price vs. Sold Price

How much do homes in 75707, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price4 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in 75707, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 75707 in March 2025, up by 70.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 29% were sold at asking, and and 0% were sold over asking.

Days on Market for 75707, TX

How long does it take to sell a home in 75707, TX?

Breakdown of Home Sale Times

Under 30 Days8 Homes

30 – 90 Days1 Home

Over 90 Days6 Homes

Insight

Many homes in 75707 are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 17 homes were sold in 75707; 47% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
60 DaysLast MonthMar 2025
68 Days1 month agoFeb 2025
-12.0 %
Change MoMFeb – Mar

Summary: Homes in 75707 had an average listing age of 60 days in Mar 2025, down by 12.0% compared to the previous month.

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Newest Listings in 75707, TX

What homes are available in 75707, TX?

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MLS Disclaimers and Copyright

Based on information from Greater Tyler Association of REALTORS Multiple Listing Service, North Texas Real Estate Information Systems Inc., Longview Area Association of Realtors MLS, and Amarillo Association of REALTORS MLS for the period 02/01/2025 - 04/01/2025

IDX Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed. Copyright © 2025 Greater Tyler Association of REALTORS® All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/9/2025, 5:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/9/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXInformation is provided by Longview Area Association Of Realtors®. This information is believed to be accurate, but without any warranty. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Longview Area Association Of Realtors®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/9/2025, 5:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX information is provided exclusively for consumers' personal, non-commercial use, that may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but not guaranteed accurate by the MLS. Source of this information is from Amarillo Association of REALTORS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/9/2025, 5:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.