Is Alvarado, TX 76009 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Alvarado is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score25/ 100

More competitive than 19% of U.S. ZIP codes, and #407 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

Months of supply5.7Under 4 months = seller’s market
Sold above original list9.2%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$161▼ −8.1% vs. last year

The Alvarado housing market right now

In the three months ending August 31, 2026, 9% of homes in Alvarado, TX 76009 sold above their list price, the typical home went under contract in 66 days and there were 5.7 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 78 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold more slowly (47 days then) and the median sale price rose 9% to $314,864. Overall, Alvarado is less competitive than a year ago, which gives buyers more room.

Within Johnson County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Alvarado ranks #407 of 868 TX ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Grandview 76050 (4% sold over asking) or Cleburne 76031 (7% sold over asking), while Cleburne 76033 (16% sold over asking) and Keene 76059 (13% sold over asking) are even more competitive.

Nearby markets

Burleson 76028Seller’s market $176 /sq ftCleburne 76031Balanced $168 /sq ftCleburne 76033Seller’s market $163 /sq ftGodley 76044Balanced $188 /sq ft Browse all markets →

Where Alvarado is

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Questions about Alvarado real estate

Is Alvarado a buyer’s or seller’s market?

A balanced market: there were 5.7 months of supply in Alvarado, TX 76009 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 Alvarado?

The typical home went under contract in 66 days in the latest three months.

Do homes in Alvarado sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.

What are property taxes in Alvarado?

About 1.24% of a home’s value a year in Johnson County, or roughly $4,960 on a $400,000 home.

What is the median home price in Alvarado?

The median sale price was $314,864 in the three months ending August 31, 2026, about $161 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