75705
Tyler, Texas

Tyler's 75705 ZIP code shows a median sale price of $449,900 with a substantial 21.6% year-over-year appreciation, though market velocity has slowed considerably. Homes are spending an average of 66 days on market, and notably, zero percent of properties are closing above asking price as of January 2026. This disconnect between strong price growth and weakening demand indicators suggests the rapid appreciation cycle may be exhausting available buyers at current price points.

The current conditions favor patient sellers willing to price accurately from listing, as the 0% above-list statistic indicates buyers have regained negotiating leverage despite continued price growth. Investors seeking value-add opportunities may find motivated sellers in this extended marketing period, while first-time buyers should recognize that bidding wars have effectively disappeared. Cash buyers and those without contingencies gain maximum advantage in a 66-day average DOM environment where sellers increasingly value execution certainty.

The PropIQ score of 47 signals caution, suggesting the 21.6% appreciation rate is unsustainable given current absorption metrics. Watch for median prices to flatten or decline in coming quarters if days-on-market continues extending beyond the 66-day mark. The zero-percent above-list metric particularly indicates price discovery is shifting downward, making Q2 2026 listings critical for determining whether this represents normalization or the beginning of a correction phase.