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Featured local agent — Electra, TX
Sarah Mitchell
Compass Real Estate · Electra, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Electra, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$121,900median sale price
How is the Electra, TX housing market right now?
The median home sale price in Electra, TX is $121,900, up 35.6% year-over-year. Homes sell in an average of 31 days with 15 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Electra a buyer's or seller's market?
Electra, TX is currently a buyer's market, based on 15.0 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
31
Average pace
Active listings
15
15.0 months supply
Sale-to-list
—
Below asking
What does the Electra housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $121,900 |
| Median list price | $75,000 |
| Year-over-year price change | +35.6% |
| Average days on market | 31 days |
| Active inventory | 15 listings |
| Months of supply | 15.0 months |
| Median price per sq ft | $104/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Electra by property type?
How the Electra, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $121,900 | $104/sq ft | 1 | 31 days |
Source: Redfin · Updated monthly
The Electra housing market is currently classified as a buyer's market with a median sale price of $121,900. Prices have risen 35.6% compared to last year, with homes spending an average of 31 days on market, indicating 15.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 1.2x provides context for how home values compare to local earning capacity.
Homes for sale in Electra
There are currently 15 homes listed for sale in Electra, Texas. The median listing price is $75K.
Active listings
15
Homes on market
Median list price
$75K
Avg. days on market
31
Days until sale
New this week
3
Newly listed
Who lives in Electra?
Population
2,259
Median income
$64,125/yr
Median age
41.6 years
Owner-occupied
66.0%
College grads
17.6%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Electra?
Zillow home value
$79,482
Price-to-income
1.2x
Source: Zillow Research
What is it like to live in Electra?
Electra is a community of approximately 2K residents with a median age of 41.6 years.The median household income is $64,125, which represents a working-class community with solid middle-income opportunities. 17.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Electra offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Electra?
2 schools tracked · 444 students
The largest public schools serving Electra, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ELECTRA EL
Grades PK-6 · 246 students
ELECTRA JUNIOR/SENIOR HIGH
Grades 7-12 · 198 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Electra, TX?
Want a head-to-head view? Compare Electra side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Electra?
The median home sale price in Electra is $121,900, up 35.6% from last year.
How long do homes stay on market in Electra?
Homes typically spend 31 days on market before going under contract.
What is the median income in Electra?
The median household income is $64,125 per year.
Is Electra a buyer's or seller's market?
With 15.0 months of supply, Electra is currently a buyer's market.
What is the Zillow home value estimate for Electra?
The Zillow Home Value Index (ZHVI) for Electra is $79,482, representing the typical home value in the area.
How much does a single-family home cost in Electra?
The median single-family home price in Electra, TX is $121,900 (about $104 per square foot).
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