78332
Alice, Texas

The Alice, TX 78332 market records a median sale price of $205,000 as of February 2026, marking a substantial 24.2% year-over-year increase that significantly outpaces national appreciation rates. Properties remain on market for an average of 83 days, indicating moderate absorption rather than rapid turnover. Only 8% of homes sell above list price, suggesting seller pricing power exists but remains limited to select properties rather than defining the broader market.

This environment favors cash buyers and investors who can capitalize on the 83-day marketing period to negotiate without competitive pressure from bidding wars. Sellers with properly priced homes benefit from the double-digit appreciation, though the 8% above-list metric indicates pricing discipline remains essential. First-time buyers gain negotiating leverage absent in faster markets, while the $205,000 entry point provides accessibility compared to larger Texas metros.

The PropIQ score of 61 signals caution despite recent price gains, indicating potential headwinds that contradict the 24.2% appreciation trajectory. This divergence between backward-looking price performance and forward-looking risk assessment warrants monitoring of inventory levels and days-on-market trends through Q2 2026. Markets demonstrating this score pattern historically experience price deceleration or inventory accumulation within 6-9 months, making near-term transaction timing critical for both buyers and sellers.