Is Simms, TX 75574 a buyer’s or seller’s market?
Simms is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Simms housing market right now
In the three months ending August 31, 2026, 0% of homes in Simms, TX 75574 sold above their list price, the typical home went under contract in 44 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 was about the same (0% then), homes sold more slowly (23 days then) and the median sale price rose 39% to $236,148. Overall, Simms is less competitive than a year ago, which gives buyers more room.
Within Bowie County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, New Boston 75570 (6% sold over asking) is even more competitive.
Run the numbers for 75574
Nearby markets
De Kalb 75559Buyer’s market $79 /sq ftHooks 75561Balanced $121 /sq ftMaud 75567Balanced $129 /sq ftNash 75569Seller’s market $89 /sq ft Browse all markets →Towns like Simms nearby
Find towns like Simms in other states →Where Simms is
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Questions about Simms real estate
Is Simms a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Simms, TX 75574 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 Simms?
The typical home went under contract in 44 days in the latest three months.
Do homes in Simms sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Simms?
About 1.18% of a home’s value a year in Bowie County, or roughly $4,720 on a $400,000 home.
What is the median home price in Simms?
The median sale price was $236,148 in the three months ending August 31, 2026, about $122 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