What is the median home price in 76023?

The median sale price in 76023 is $333,874 based on MLS closed sales over the last 12 months.

How long do homes take to sell in 76023?

Homes in 76023 spend a median of 53 days on market from listing to accepted contract.

Is 76023 a buyer's or seller's market?

With 9.5 months of supply, 76023 is currently a buyer's market. Under 4 months favors sellers; over 6 months favors buyers.

How many homes are for sale in 76023?

There are currently 127 active listings in 76023. In the last 30 days, 12 new listings entered the market and 10 sales closed.

What is the price per square foot in 76023?

The median price per square foot in 76023 is $180 based on closed MLS sales over the last 12 months.

Are home prices going up or down in 76023?

Home prices in 76023 are up 3.1% compared to the same period last year, based on median closed sale prices from MLS data.

76023 Home Values & Market Data -- DirectList

Builder Inventory Gives Boyd Buyers Leverage

The 76023 zip sprawls across rural Wise County, anchored by Boyd and Newark. Housing splits into two camps: production new-builds from D.R. Horton in master-planned communities like Springhill South and Vista Park, and older homesteads on one-to-fifty-acre parcels with 1970s-era brick farmhouses. The new construction is mostly single-story and two-story plans running 1,300 to 2,500 square feet on compact lots.

Nearly seven months of supply tells the story -- builders are producing homes faster than buyers are absorbing them. D.R. Horton is actively adjusting prices and offering incentives across Springhill South, which puts downward pressure on resale sellers. Acreage properties above a half-million move on their own timeline.

Resale sellers in Boyd need to acknowledge the elephant in the room: a buyer can get a new home with a warranty for similar money. Your edge is lot size, mature landscaping, or a location outside the subdivision grid. Price below the nearest comparable new-build.