Is Gilmer, TX 75645 a buyer’s or seller’s market?

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

Gilmer is a seller’s market. With about 3.9 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.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #655 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.9Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market119Listing to accepted offer
Median price per sq ft$174▲ +21.4% vs. last year

The Gilmer housing market right now

In the three months ending August 31, 2026, 0% of homes in Gilmer, TX 75645 sold above their list price, the typical home went under contract in 119 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (56 days then) and the median sale price rose 55% to $352,348. Overall, Gilmer is less competitive than a year ago, which gives buyers more room.

On our competition score, Gilmer ranks #655 of 868 TX ZIP codes with enough sales (score 17 out of 100).

Nearby, Big Sandy 75755 (8% sold over asking) is even more competitive.

Nearby markets

Big Sandy 75755Balanced $148 /sq ftGilmer 75644Balanced $135 /sq ftOre City 75683Balanced $115 /sq ft Browse all markets →

Where Gilmer is

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Questions about Gilmer real estate

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

A seller’s market: there were 3.9 months of supply in Gilmer, TX 75645 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 Gilmer?

The typical home went under contract in 119 days in the latest three months.

Do homes in Gilmer sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Gilmer?

About 1.19% of a home’s value a year in Upshur County, or roughly $4,760 on a $400,000 home.

What is the median home price in Gilmer?

The median sale price was $352,348 in the three months ending August 31, 2026, about $174 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