78598
Raymondville, Texas
Raymondville 78598 needs watching.
The 78598 ZIP code in Raymondville, Texas has a median sale price of $175K, down -7.8% year-over-year. Homes spend an average of 245 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78598.
The Raymondville market at ZIP 78598 shows significant cooling, with the median sale price reaching $175,000 while declining 7.8% year-over-year. Properties are averaging 245 days on market, indicating weak demand and substantial inventory absorption challenges. Zero homes sold above list price in the current period, confirming buyers hold complete negotiating leverage in this market cycle. These metrics point to a buyer-dominated environment with minimal competition for available properties.
Patient cash buyers and value-oriented investors will find optimal conditions here, particularly those comfortable with extended hold periods and rural Texas markets. The 245-day marketing window eliminates urgency for buyers, allowing extensive due diligence and aggressive offer positioning below ask prices. Sellers face unfavorable conditions and should expect discounting or consider delaying transactions unless circumstantial pressures require immediate liquidity. Properties requiring financing may encounter additional complications given the extended sale timelines.
The PropIQ score of 27 signals substantial caution, suggesting continued price pressure and sluggish transaction velocity through upcoming quarters. With no homes commanding premiums and inventory moving at less than half the national pace, anticipate further median price erosion absent demand catalysts. Monitor local employment data and population trends closely, as current metrics indicate structural market weakness rather than temporary seasonal softness.
What is the median home price in 78598 Raymondville?
The median sale price in 78598 is $175K, down -7.8% year-over-year as of 2025-12-31.
How long do homes stay on the market in Raymondville 78598?
Homes in 78598 Raymondville spend an average of 245 days on market before going under contract.
Is Raymondville 78598 a good place to invest in real estate?
Folio's PropIQ™ score for 78598 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 78598?
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 27 = Caution in 78598 Raymondville, Texas.