75708
Tyler, Texas

The 75708 market has shifted decisively toward buyers, with the median sale price declining 12.3% year-over-year to $249,900. Homes are moving at a moderate pace with an average 43 days on market, while zero properties are selling above list price—a clear indicator of reduced competition and weakened seller leverage. This price correction represents one of the steeper declines in the Tyler metro area and signals a fundamental recalibration from previous market conditions.

Cost-conscious first-time buyers and value investors gain significant advantage in this environment, as the 12.3% price decline translates to roughly $35,000 in savings compared to last year. The 43-day marketing period provides adequate time for thorough due diligence without competitive bidding pressure, while the absence of over-list sales creates room for negotiation on price and concessions. Sellers face challenging conditions and should expect longer hold times and potential price adjustments to secure transactions.

The PropIQ score of 51 suggests elevated risk and warrants a cautious approach to near-term appreciation expectations. Key monitoring priorities include inventory accumulation rates and whether days-on-market extends beyond 50 days, which would indicate further weakening. The current data does not support aggressive pricing strategies, and buyers entering this market should focus on fundamental property value rather than short-term equity gains given the stabilization signals embedded in the middle-range score.