76823
Brownwood, Texas
Brownwood 76823 is stable.
The 76823 ZIP code in Brownwood, Texas has a median sale price of $148K, down -18.5% year-over-year. Homes spend an average of 59 days on market, with 36% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The Brownwood 76823 market shows significant price compression, with the median sale price settling at $147,900 after an 18.5% year-over-year decline. Homes are moving at a moderate pace with 59 days on market, while 36% of closed sales exceeded asking price, indicating selective bidding activity on specific properties. This pricing reset represents a sharp correction from 2025 levels, though transaction velocity remains steady enough to prevent market stagnation.
Price-sensitive buyers gain leverage in this environment, particularly those with financing secured and flexibility on property condition. The 18.5% decline creates entry points for first-time buyers previously priced out, while investors seeking cash-flow properties can negotiate from strengthened positions given the downward pressure. Sellers face headwinds unless pricing 5-8% below recent comparables to attract the 36% of buyers still willing to exceed list price on correctly valued homes.
The PropIQ score of 65 signals caution rather than crisis, suggesting stabilization may occur before further deterioration. Key indicators to monitor include whether days on market extends beyond 70 days, which would confirm weakening demand, and whether the above-list percentage falls below 30%, indicating buyer resistance has hardened. The current data suggests a bottoming process rather than freefall, but recovery requires at least two consecutive quarters without further price declines.
What is the median home price in 76823 Brownwood?
The median sale price in 76823 is $148K, down -18.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Brownwood 76823?
Homes in 76823 Brownwood spend an average of 59 days on market before going under contract.
Is Brownwood 76823 a good place to invest in real estate?
Folio's PropIQ™ score for 76823 is 65/100 — a Caution signal. 36% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 76823?
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 65 = Caution in 76823 Brownwood, Texas.