75706
Tyler, Texas

Tyler's 75706 ZIP code shows a stalled market with a median sale price of $409,950, effectively flat with a -0.1% year-over-year change. Homes are averaging 96 days on market, well above the typical 30-45 day range seen in balanced Texas markets. Only 7% of properties are selling above list price, indicating minimal competition among buyers and suggesting sellers hold limited pricing power in current negotiations.

This environment favors patient buyers with financing already secured, as the 96-day average marketing period provides ample time for due diligence and negotiation leverage. The 7% above-list metric means 93% of transactions close at or below asking price, creating room for offer strategies below list. Sellers facing time constraints should expect extended holding periods, while opportunistic investors can pressure test valuations given the lack of competitive bidding dynamics.

The PropIQ score of 51 signals caution rather than distress, suggesting neither strong appreciation nor significant depreciation ahead. Monitoring inventory absorption rates and days-on-market trends will be critical; if DOM extends beyond 100 days or inventory accumulates, downward price pressure could materialize. Conversely, any compression in marketing time or movement above 10% selling over list would indicate shifting momentum toward seller advantage.