Is Tyler, TX 75706 a buyer’s or seller’s market?

The Tyler housing market right now

In the three months ending August 31, 2026, 4% of homes in Tyler, TX 75706 sold above their list price, the typical home went under contract in 90 days and there were 5.1 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 25 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (72 days then) and the median sale price held steady to $420,818. Overall, Tyler is less competitive than a year ago, which gives buyers more room.

Within Smith County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 77%. On our competition score, Tyler ranks #434 of 868 TX ZIP codes with enough sales (score 24 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.