Is Tyler, TX 75704 a buyer’s or seller’s market?

The Tyler housing market right now

In the three months ending August 31, 2026, 10% of homes in Tyler, TX 75704 sold above their list price, the typical home went under contract in 78 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 43 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold more slowly (50 days then) and the median sale price fell 8% to $268,124. Overall, Tyler is less competitive than a year ago, which gives buyers more room.

Within Smith County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell more often over asking than in 62%. On our competition score, Tyler ranks #287 of 868 TX ZIP codes with enough sales (score 30 out of 100).

Nearby, buyers who want less competition could look at Winona 75792 (0% sold over asking) or Tyler 75709 (0% sold over asking), while Tyler 75705 (33% sold over asking) and Tyler 75708 (20% sold over asking) are even more competitive.