Is Rhome, TX 76078 a buyer’s or seller’s market?

The Rhome housing market right now

In the three months ending August 31, 2026, 5% of homes in Rhome, TX 76078 sold above their list price, the typical home went under contract in 72 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 68 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold more slowly (31 days then) and the median sale price rose 17% to $364,062. Overall, Rhome is less competitive than a year ago, which gives buyers more room.

Within Wise County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Rhome ranks #471 of 868 TX ZIP codes with enough sales (score 23 out of 100).

Nearby, buyers who want less competition could look at Alvord 76225 (0% sold over asking) or Paradise 76073 (0% sold over asking), while Boyd 76023 (26% sold over asking) and Chico 76431 (18% sold over asking) are even more competitive.