Is Tyler, TX 75708 a buyer’s or seller’s market?
Tyler is a seller’s market. With about 2.6 months of supply and 20% 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 Tyler housing market right now
In the three months ending August 31, 2026, 20% of homes in Tyler, TX 75708 sold above their list price, the typical home went under contract in 24 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold faster (46 days then) and the median sale price rose 133% to $250,392. Overall, Tyler is more competitive than a year ago, so tougher for buyers.
Within Smith County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 92%.
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) is even more competitive.
Run the numbers for 75708
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 seller’s market: there were 2.6 months of supply in Tyler, TX 75708 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 24 days in the latest three months.
Do homes in Tyler sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 99.5% 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 $250,392 in the three months ending August 31, 2026, about $187 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