75707
Tyler, Texas

Tyler's 75707 ZIP code shows clear cooling with the median sale price reaching $342,000, down 10.0% year-over-year as of February 2026. Homes are sitting an average of 68 days on market, and notably zero percent of properties are selling above list price—a complete reversal from competitive market conditions. This data pattern indicates sellers have lost pricing power and buyers are negotiating from strength, with transaction velocity slowing considerably from prior periods.

This environment heavily favors patient buyers with financing secured who can capitalize on the 10% price decline and negotiate further concessions during the 68-day average marketing period. Cash buyers and traditional owner-occupants benefit most, as zero properties commanding premiums suggests multiple-offer scenarios have evaporated. Sellers face challenging conditions and should consider delaying listings unless circumstances require immediate sales, particularly given the complete absence of above-list transactions indicating systematic buyer resistance to current pricing.

The PropIQ score of 41/100 signals caution and suggests continued downward pressure on valuations through the next quarter. Monitoring days-on-market trends becomes critical—any extension beyond 70 days would indicate further softening, while stabilization near current levels might signal a pricing floor. The year-over-year decline of 10% combined with the low intelligence score suggests this market hasn't found equilibrium, making spring 2026 listing activity and absorption rates the key indicators for whether depreciation continues or moderates.