Is Tom Bean, TX 75489 a buyer’s or seller’s market?
Tom Bean is a buyer’s market. With about 14.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Tom Bean housing market right now
In the three months ending August 31, 2026, 0% of homes in Tom Bean, TX 75489 sold above their list price, the typical home went under contract in 50 days and there were 14.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (37 days then) and the median sale price rose 13% to $239,896. Overall, Tom Bean is less competitive than a year ago, which gives buyers more room.
Within Grayson County, homes here sell faster than in 93% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Bells 75414 (14% sold over asking) and Whitewright 75491 (10% sold over asking) are even more competitive.
Run the numbers for 75489
Nearby markets
Bells 75414Buyer’s market $144 /sq ftCollinsville 76233Balanced $194 /sq ftDenison 75020Buyer’s market $145 /sq ftDenison 75021Buyer’s market $149 /sq ft Browse all markets →Where Tom Bean is
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Questions about Tom Bean real estate
Is Tom Bean a buyer’s or seller’s market?
A buyer’s market: there were 14.4 months of supply in Tom Bean, TX 75489 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 Tom Bean?
The typical home went under contract in 50 days in the latest three months.
Do homes in Tom Bean sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 87.4% of the list price.
What are property taxes in Tom Bean?
About 1.27% of a home’s value a year in Grayson County, or roughly $5,080 on a $400,000 home.
What is the median home price in Tom Bean?
The median sale price was $239,896 in the three months ending August 31, 2026, about $148 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