75704
Tyler, Texas

Tyler's 75704 ZIP code shows a median sale price of $259,950 as of February 2026, reflecting 8.4% year-over-year appreciation that outpaces national averages. However, market velocity has slowed considerably with homes averaging 117 days on market, nearly double the pace of competitive metros. Notably, zero homes sold above list price in the recent period, indicating buyers face minimal bidding pressure and retain significant negotiating leverage in current transactions.

This environment distinctly favors patient buyers with financing secured and flexible timelines, as the 117-day average market time provides ample opportunity for inspection contingencies and price negotiations. Value-oriented investors seeking cash flow over appreciation can capitalize on the absence of bidding wars while maintaining strict purchase criteria. Sellers face headwinds and should prioritize competitive pricing from listing day rather than testing the market, given the complete absence of above-ask sales activity.

The PropIQ score of 51 signals cautionary conditions requiring close monitoring of absorption rates and employment data in Tyler's economy. The combination of rising prices alongside extending market times suggests demand softening that hasn't yet pressured valuations downward. Watching monthly inventory levels and any acceleration beyond 120 days on market will indicate whether the 8.4% appreciation rate proves sustainable through 2026's remaining quarters.