Is Tyler, TX 75705 a buyer’s or seller’s market?
Tyler is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Tyler housing market right now
In the three months ending August 31, 2026, 33% of homes in Tyler, TX 75705 sold above their list price, the typical home went under contract in 59 days and there were 4.8 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. With only 6 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 67%, homes sold faster (172 days then) and the median sale price fell 36% to $223,403. Overall, Tyler is more competitive than a year ago, so tougher for buyers.
Within Smith County, homes here sell faster than in 54% 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 Winona 75792 (0% sold over asking) or Tyler 75709 (0% sold over asking).
Run the numbers for 75705
Nearby markets
Arp 75750Balanced $181 /sq ftFlint 75762Balanced $178 /sq ftLindale 75771Balanced $173 /sq ftTyler 75701Balanced $142 /sq ft Browse all markets →Towns like Tyler nearby
Find towns like Tyler in other states →Where Tyler is
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Questions about Tyler real estate
Is Tyler a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Tyler, TX 75705 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 Tyler?
The typical home went under contract in 59 days in the latest three months.
Do homes in Tyler sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Tyler?
About 1.16% of a home’s value a year in Smith County, or roughly $4,640 on a $400,000 home.
What is the median home price in Tyler?
The median sale price was $223,403 in the three months ending August 31, 2026, about $143 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