Is Forestburg, TX 76239 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Forestburg is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list102.4%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$179▲ +91.1% vs. last year

The Forestburg housing market right now

In the three months ending August 31, 2026, 0% of homes in Forestburg, TX 76239 sold above their list price, the typical home went under contract in 54 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (150 days then) and the median sale price rose 23% to $214,907. Overall, Forestburg is more competitive than a year ago, so tougher for buyers.

Within Montague County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Bowie 76230 (10% sold over asking) is even more competitive.

Nearby markets

Bowie 76230Buyer’s market $145 /sq ftMontague 76251Buyer’s market $276 /sq ftNocona 76255Buyer’s market $143 /sq ftRinggold 76261 — /sq ft Browse all markets →

Where Forestburg is

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Questions about Forestburg real estate

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

A buyer’s market: there were 9.6 months of supply in Forestburg, TX 76239 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 Forestburg?

The typical home went under contract in 54 days in the latest three months.

Do homes in Forestburg sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.

What are property taxes in Forestburg?

About 0.92% of a home’s value a year in Montague County, or roughly $3,680 on a $400,000 home.

What is the median home price in Forestburg?

The median sale price was $214,907 in the three months ending August 31, 2026, about $179 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