79062
Borger, Texas
Borger 79062 needs watching.
The 79062 ZIP code in Borger, Texas has a median sale price of $75K, down N/A year-over-year. Homes spend an average of 17 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 54 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79062.
The Borger 79062 market shows a median sale price of $75,000 with no year-over-year movement, indicating price stagnation in this low-cost segment. Properties are clearing at 17 days on market, well below the typical 30-45 day benchmark, suggesting immediate absorption despite flat pricing. The complete absence of homes selling above asking price reveals a market where sellers hold no pricing leverage, even with the swift transaction pace recorded through June 2023.
This environment favors cash buyers and investors seeking sub-$100,000 entry points with predictable acquisition costs. The 17-day absorption rate allows buyers to move decisively without bidding pressure, while the zero above-list statistic confirms room for offer negotiation. Sellers face a challenging position with flat pricing and no premium captures, making this unsuitable for those requiring equity appreciation or competitive bidding scenarios to meet financial objectives.
The PropIQ score of 54 signals caution, reflecting the disconnect between fast-moving inventory and completely stagnant pricing growth. This divergence typically precedes either downward price correction or sustained flatness as demand proves insufficient to drive appreciation. Monitor whether days-on-market begins extending beyond the current 17-day pace, which would confirm weakening absorption and potentially trigger price reductions across the limited active inventory base.
What is the median home price in 79062 Borger?
The median sale price in 79062 is $75K, down N/A year-over-year as of 2023-06-30.
How long do homes stay on the market in Borger 79062?
Homes in 79062 Borger spend an average of 17 days on market before going under contract.
Is Borger 79062 a good place to invest in real estate?
Folio's PropIQ™ score for 79062 is 54/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 54 mean for 79062?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 54 = Caution in 79062 Borger, Texas.