Electra, TX

Buyer's market-42.0% YoY

Housing market overview · Updated weekly

$49,290median sale price

Homes sold

1

Last 12 weeks

Days on market

300

Average pace

Active listings

24

24.0 months supply

Sale-to-list

93.0%

Below asking

The Electra housing market is currently classified as a buyer's market with a median sale price of $49,290. Prices have fallen 42.0% compared to last year, with homes spending an average of 300 days on market, indicating 24.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Electra

There are currently 24 homes listed for sale in Electra, Texas. The median listing price is $115K.

Active listings

24

Homes on market

Median list price

$115K

Avg. days on market

300

Days until sale

New this week

10

Newly listed

Price drops:12.5%of listings
Sale-to-list:93.0%

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Frequently asked questions

What is the average home price in Electra?

The median home sale price in Electra is $49,290, down 42.0% from last year.

How long do homes stay on market in Electra?

Homes typically spend 300 days on market before going under contract.

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

With 24.0 months of supply, Electra is currently a buyer's market.

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