Is Quitman, TX 75783 a buyer’s or seller’s market?
Quitman is a buyer’s market. With about 10.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 29% of U.S. ZIP codes, and #250 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
The Quitman housing market right now
In the three months ending August 31, 2026, 17% of homes in Quitman, TX 75783 sold above their list price, the typical home went under contract in 62 days and there were 10.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 24 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold faster (79 days then) and the median sale price rose 33% to $306,367. Overall, Quitman is more competitive than a year ago, so tougher for buyers.
Within Wood County, homes here sell faster, and more often over asking, than in any other ZIP code in the county. On our competition score, Quitman ranks #250 of 868 TX ZIP codes with enough sales (score 32 out of 100).
Nearby, buyers who want less competition could look at Alba 75410 (0% sold over asking) or Mineola 75773 (7% sold over asking).
Run the numbers for 75783
Nearby markets
Alba 75410Buyer’s market $170 /sq ftHawkins 75765Buyer’s market $157 /sq ftMineola 75773Buyer’s market $160 /sq ftWinnsboro 75494Buyer’s market $164 /sq ft Browse all markets →Towns like Quitman nearby
Find towns like Quitman in other states →Where Quitman is
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Questions about Quitman real estate
Is Quitman a buyer’s or seller’s market?
A buyer’s market: there were 10.6 months of supply in Quitman, TX 75783 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 Quitman?
The typical home went under contract in 62 days in the latest three months.
Do homes in Quitman sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Quitman?
About 0.88% of a home’s value a year in Wood County, or roughly $3,520 on a $400,000 home.
What is the median home price in Quitman?
The median sale price was $306,367 in the three months ending August 31, 2026, about $162 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