Is Leona, TX 75850 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Leona is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Leona housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Leon County, TX

Population	1,239
Median income	$130,742
Average income	$107,577
Median home value	$206,400
Owner-occupied	87% of homes
Median year built	1993

Natural hazard riskTornadoes (relatively high), hurricanes (moderate), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 75850; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 75850

Prefilled for 75850Can I win this house?Multiple-offer likelihood for a listing Prefilled for 75850Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Buffalo 75831 — /sq ft Centerville 75833Seller’s market $149 /sq ft Jewett 75846Buyer’s market $139 /sq ft Marquez 77865Buyer’s market $157 /sq ft Browse all markets →

Towns like Leona nearby

Find towns like Leona in other states →

North Zulch, TX77872 · 18 miles away56% similarlower income ($44K less) · larger Lovelady, TX75851 · 23 miles away52% similarlower income ($45K less) · cheaper homes ($42K less) Marquez, TX77865 · 19 miles away48% similarlower income ($64K less) · 7 min shorter commute Franklin, TX77856 · 36 miles away44% similarlower income ($36K less) · pricier homes ($112K more)

Where Leona is

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Questions about Leona real estate

What are property taxes in Leona?

About 0.69% of a home’s value a year in Leon County, or roughly $2,760 on a $400,000 home.

Local agents

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More tools for 75850

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Leon County property taxes Leon County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology