Is Savoy, TX 75479 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Savoy is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market116Listing to accepted offer
Median price per sq ft$207▼ −3.3% vs. last year

The Savoy housing market right now

In the three months ending August 31, 2026, 50% of homes in Savoy, TX 75479 sold above their list price, the typical home went under contract in 116 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (35 days then) and the median sale price fell 32% to $280,379. Overall, Savoy is more competitive than a year ago, so tougher for buyers.

Within Fannin County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Telephone 75488 (0% sold over asking) or Honey Grove 75446 (0% sold over asking).

Nearby markets

Bonham 75418Buyer’s market $136 /sq ftDodd City 75438Seller’s market $192 /sq ftEctor 75439Buyer’s market $166 /sq ftHoney Grove 75446 $240 /sq ft Browse all markets →

Where Savoy is

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Questions about Savoy real estate

Is Savoy a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in Savoy, TX 75479 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Savoy?

The typical home went under contract in 116 days in the latest three months.

Do homes in Savoy sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.

What are property taxes in Savoy?

About 1.08% of a home’s value a year in Fannin County, or roughly $4,320 on a $400,000 home.

What is the median home price in Savoy?

The median sale price was $280,379 in the three months ending August 31, 2026, about $207 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology