With 15,449 residents, Sulphur Springs is a larger than average city in Texas. Also, with 764.1 people per square mile, it has an average density in comparison to other parts of the state. Keep in mind, most people in Sulphur Springs own their homes, with a 51.2% ownership ratio. Topping the list of best schools in the city is Lamar Elementary School.
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$114K  
Sales have fallen to eight homes sold over the last 30 days in the Sulphur Springs market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 26 for the same period. While new listing numbers rose, prices dropped. This week's reported median sales price of $139,450 continued a four-week downward trend. Sulphur Springs is a strong buyer's market, with a big 17 months of inventory to choose from coupled with falling prices.
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$925K  
Home sales in the Sulphur Springs market remained cool in this week's report as they fell 18.2% to nine homes sold over the last 30 days. On the other hand, close-by Yantis registered three homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Sulphur Springs, with the median for this period rising from $109,900 to $129,900. Sulphur Springs is a definite buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
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$147K  
The Sulphur Springs market pulled back with a 15.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 11.9 monthly average with 11 homes sold. In comparison, nearby Yantis had four sales in the same time frame, the most of all neighboring cities. The median sales price remained unchanged over the latest reporting period for Sulphur Springs, coming in at $99,900. With decreasing sales and the availability of 12 months of inventory, Sulphur Springs is a strong buyer's market.
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$925K  
This week in the Sulphur Springs market, sales fell to 13 homes sold over the last 30 days, coinciding with an emerging downward trend in price reductions, with 10 in the same time frame. Prices are falling in Sulphur Springs, and this period the median price of all sales fell from $109,900 to $99,900. Along with the slip in sales, a relatively high 11 months of inventory indicates that Sulphur Springs is a definite buyer's market.
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The population of Sulphur Springs is less affluent than average compared to others in Texas with a median income of $36,719 per household. It's also considered an average city in terms of affordability with a cost of living adjustment score of 82.9. With a median age of 35 years, homes in Sulphur Springs tend to be relatively old. The top school in the city is Lamar Elementary School.
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$925K  
A nine-week positive trend in the number of homes sold was extended this week after the Sulphur Springs market added another 15 transactions over the last 30 days. With nine price reductions, the lowest amount since January, the market may be looking for a higher price point. During the same time frame, Commerce had the most of any other neighboring municipalities with eight price reductions. The median sales price dropped to $109,900, down from last week's $139,900. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning Sulphur Springs is still a definite buyer's market.
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$1.2M  
The number of home sales in the Sulphur Springs market climbed 8.3% to 13 homes over the last 30 days. At the same time, close-by Yantis reported three home sales, the highest number from all the surrounding cities. The median sales price of homes sold came in at $139,900, which extended a price upswing to four weeks. Sulphur Springs is still a definite buyer's market, in spite of the rise in prices, thanks to the availability of 10 months of remaining inventory.
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$149K  
Over the last 30 days, the Sulphur Springs market showed gains with 13 homes sold. It marks an 18.2% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, close-by Alba reported six home sales, the highest number from all the surrounding cities. The median sales price in Sulphur Springs stayed put this week at $149,900. Even after the uptick in sales, an elevated 10 months of inventory tells us that Sulphur Springs is still a solid buyer's market.
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$925K  
The Sulphur Springs market closed in on its 12-month sales average this week as sales rose 28.6% to reach nine homes sold over the last 30 days. To put it in perspective, close-by Alba registered six homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Sulphur Springs, and this period the median price of all sales fell from $159,900 to $150,000. Sulphur Springs is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 14 months of remaining inventory.
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