78372
Alice, Texas

The Alice, TX 78372 market displays contradictory signals as of February 2026, with a median sale price of $150,000 reflecting a dramatic year-over-year increase of 50.0%. Despite this substantial price appreciation, properties average 227 days on market, indicating significant friction between sellers and buyers. The 67% of homes selling above list price suggests competitive dynamics among the buyer pool that does materialize, though the extended marketing period reveals these motivated buyers represent a limited segment.

This market configuration favors patient sellers willing to wait over seven months for premium offers, particularly those with flexible timelines who can capitalize on the two-thirds probability of exceeding list price. Cash buyers and investors with longer hold periods can potentially negotiate during the extended listing window while still participating in the 50% annual appreciation trend. Traditional buyers requiring quick transactions or sellers needing rapid liquidity face substantial challenges given the 227-day average absorption rate.

The PropIQ score of 75 signals neutral conditions with monitoring advised, suggesting the 50% price surge may be reaching equilibrium rather than sustaining momentum. The extended days-on-market metric warrants close observation as a leading indicator—if DOM continues lengthening while above-list sales decline from 67%, price corrections become probable. Buyers should track new listing volume and DOM trends monthly, as the current data suggests a market transitioning from appreciation to stabilization.