The 75140 zip code market reported another in a series of 30-day periods with zero home sales. The 75140 zip code usually averages 5.4 sales per month.
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The 75140 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 75140 zip code usually averages 5.5 sales per month.
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The 75140 zip code market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. The 75140 zip code usually averages 5.6 sales per month. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks.
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The population of the 75140 zip code is less affluent than average compared to others in Texas with a median income of $38,957 per household. It's also considered a much less expensive zip code in terms of affordability with a cost of living adjustment score of 78.8. Homes in the 75140 zip code are relatively old with a median age of 34 years. The top school in the zip code is van Zandt County Shared Services Arrangement.
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The 75140 zip code market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for five weeks.
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In this week's report, the number of homes sold in the 75140 zip code market slid to two over the past 30 days, a decrease of 50.0% from last week's report. In comparison, the nearby 75103 zip code had four sales in the same time frame, the most of all neighboring zip codes. Months of inventory continued a steady rise, trending upwards for four weeks to reach 20 months. Along with the slip in sales, the higher-than-normal inventory indicates that the 75140 zip code is a solid buyer's market.
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Over the last 30 days, four homes were sold in the 75140 zip code market, holding even with last week's numbers. However, the market is still in an identifiable downward trend overall. The median sales price in the 75140 zip code stayed put this week at $249,950. A downturn in sales, coupled with the availability of 10 months of inventory, prove that the 75140 zip code is a solid buyer's market.
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The 75140 zip code market broke below its 12-month average sales volume this week as sales slid 42.9% to hit four homes sold over the last 30 days. Within the same time frame, the 75169 zip code had 14 sales, the most of all zip codes in the area. The median sales price continued to rise, trending upwards for four weeks to reach $249,950. With decreasing sales and the availability of 10 months of inventory, the 75140 zip code is a definite buyer's market.
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$123K  
The 75140 zip code market looked healthy this week as sales rose 16.7% to hit seven homes sold over the last 30 days. In comparison, the nearby 75771 zip code had 19 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 75140 zip code, and the median sales price this period increased from $174,949 to $250,000.
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75140 is an average-sized zip code in Texas with 7,019 residents. Its population is growing slightly faster than the rest of the state, at a 10-year growth rate of 4.3%. The 75140 zip code market is primarily made up of detached homes, currently accounting for 86% overall. Topping the list of best schools in the zip code is van Zandt County Shared Services Arrangement.
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