Is Nocona, TX 76255 a buyer’s or seller’s market?
Nocona 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.
More competitive than 1% of U.S. ZIP codes, and #850 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 Nocona housing market right now
In the three months ending August 31, 2026, 0% of homes in Nocona, TX 76255 sold above their list price, the typical home went under contract in 71 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. That’s based on 15 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (119 days then) and the median sale price rose 18% to $219,905. Overall, Nocona is more competitive than a year ago, so tougher for buyers.
Within Montague County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Nocona ranks #850 of 868 TX ZIP codes with enough sales (score 4 out of 100).
Nearby, Bowie 76230 (10% sold over asking) is even more competitive.
Run the numbers for 76255
Nearby markets
Bowie 76230Buyer’s market $145 /sq ftForestburg 76239Buyer’s market $179 /sq ftMontague 76251Buyer’s market $276 /sq ftRinggold 76261 — /sq ft Browse all markets →Towns like Nocona nearby
Find towns like Nocona in other states →Where Nocona is
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Questions about Nocona real estate
Is Nocona a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Nocona, TX 76255 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 Nocona?
The typical home went under contract in 71 days in the latest three months.
Do homes in Nocona sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.5% of the list price.
What are property taxes in Nocona?
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 Nocona?
The median sale price was $219,905 in the three months ending August 31, 2026, about $143 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