75701 Home Values
75701 Market Snapshot
| Active 56 listings | New 10 30 days | Closed 5 30 days | Pending 0 30 days | Supply 8.4 months | Absorption 14.3% monthly | Over List 0% sold above | Under List 37.5% sold below | Concessions 39.1% % of solds | Avg Concession $4,849 seller paid |
Source: NTREIS MLS • Excludes leases • May 2026
75701 Market Trends
Tyler's Patient Market Rewards Prepared Sellers
Tyler's 75701 stretches across the heart of Smith County, anchored by Loop 323 and the corridors feeding Tyler Junior College and UT Tyler. The housing stock skews mid-century -- brick ranches from the 1950s and 60s with original hardwoods, generous lots, and the occasional knotty-pine accent wall. Pockets like Charleston Park bring a newer, Southern-charm architectural style on smaller lots, while the Azalea District streets still turn heads every spring.
Price per square foot in 75701 settled near $150 in the most recent quarter, edging down from the annual figure and reflecting a market where values have retreated meaningfully over the past year. Based on MLS data for 2026-05 closings in 75701, roughly four in ten sellers granted concessions at closing, averaging just over $5,000 — a modest uptick from the annual pace. Homes that did close took about 46 days to reach the table. No properties sold above list, and directionally the data suggests sellers are absorbing the pricing correction without dramatic capitulation on contract terms.
The pipeline picture in 75701 shows a sharp deceleration in contract activity — pending transactions dropped to a fraction of the annual run rate, even as active inventory held steady near 53 homes. With roughly 35 new listings entering the market over the latest three-month window and months of supply running above eight, the directional signal is that demand has pulled back more sharply than supply. The limited sample suggests these conditions could persist into summer, though the thin contract queue warrants caution in reading short-term velocity.
Market Updates
Price per square foot in 75701 settled near $150 in the most recent quarter, edging down from the annual figure and reflecting a market where values have retreated meaningfully over the past year. Based on MLS data for 2026-05 closings in 75701, roughly four in ten sellers granted concessions at closing, averaging just over $5,000 — a modest uptick from the annual pace. Homes that did close took about 46 days to reach the table. No properties sold above list, and directionally the data suggests sellers are absorbing the pricing correction without dramatic capitulation on contract terms.
The pipeline picture in 75701 shows a sharp deceleration in contract activity — pending transactions dropped to a fraction of the annual run rate, even as active inventory held steady near 53 homes. With roughly 35 new listings entering the market over the latest three-month window and months of supply running above eight, the directional signal is that demand has pulled back more sharply than supply. The limited sample suggests these conditions could persist into summer, though the thin contract queue warrants caution in reading short-term velocity.
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Market data last updated Jun 1, 2026, 6:00 AM CDT · Editorial updated May 29, 2026, 11:06 PM CDT
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