76934
San Angelo, Texas

The San Angelo 76934 market shows compression, with the median sale price at $217,500 representing a marginal 0.7% year-over-year decline. Properties are clearing in 23 days on average, indicating reasonable absorption despite the negative price trajectory. Notably, zero homes are selling above list price, signaling a market where sellers hold limited pricing power and buyers face minimal competition for available inventory in this zip code.

This environment favors calculated buyers who can negotiate without pressure, as the absence of above-list transactions and swift 23-day absorption creates room for price discovery below asking levels. Investors seeking cashflow properties may find entry points more favorable than a year ago given the negative price movement, though the -0.7% decline suggests limited appreciation upside in the near term. Sellers face headwinds and should price conservatively given current market resistance.

The PropIQ score of 61 registers caution, reflecting the combination of negative price movement and lack of competitive buying activity. With no homes exceeding list price and year-over-year depreciation already established, monitoring absorption rates and inventory levels becomes critical to assess whether the -0.7% decline accelerates or stabilizes. The 23-day marketing period suggests equilibrium, but sustained seller concessions could indicate further softening ahead without demand catalysts.