76957
San Angelo, Texas

The 76957 ZIP code shows a stagnant market with a median sale price of $416,500 holding flat year-over-year as of December 2019. Properties are averaging 138 days on market, substantially above the national average of 60-80 days for this period. Zero homes sold above asking price, indicating buyers maintain full pricing leverage with no competitive pressure driving bidding behavior. This combination of extended marketing periods and below-list transactions signals clear demand weakness at current price levels.

Patient buyers with flexible timelines will extract maximum value in these conditions, as the 138-day average DOM provides substantial negotiating runway below asking prices. Cash investors seeking rental properties can leverage the lack of competition to acquire assets below replacement cost, though the flat pricing suggests limited appreciation potential for near-term flips. Sellers face challenging conditions and should avoid listing unless willing to accept offers 5-10% below comparable sales to achieve reasonable closing timelines.

The PropIQ score of 27/100 indicates high caution, suggesting underlying fundamentals remain weak heading into 2020. With zero momentum in pricing and no buyers willing to pay premium, monitor local employment data and mortgage rate trends as catalysts for change. Until days on market compress below 90 and some percentage of homes clear asking prices, expect continued buyer-favorable conditions with downside pricing risk if inventory accumulates further.