Is Munday, TX 76371 a buyer’s or seller’s market?
Munday is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Munday housing market right now
In the three months ending August 31, 2026, 20% of homes in Munday, TX 76371 sold above their list price, the typical home went under contract in 74 days and there were 4.5 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. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (172 days then) and the median sale price fell 50% to $38,782. Overall, Munday is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Benjamin 79505 (0% sold over asking), while Knox City 79529 (67% sold over asking) is even more competitive.
Run the numbers for 76371
Nearby markets
Benjamin 79505 $56 /sq ftKnox City 79529Buyer’s market $112 /sq ft Browse all markets →Towns like Munday nearby
Find towns like Munday in other states →Where Munday is
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Questions about Munday real estate
Is Munday a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Munday, TX 76371 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 Munday?
The typical home went under contract in 74 days in the latest three months.
Do homes in Munday sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 93.1% of the list price.
What are property taxes in Munday?
About 1.60% of a home’s value a year in Knox County, or roughly $6,400 on a $400,000 home.
What is the median home price in Munday?
The median sale price was $38,782 in the three months ending August 31, 2026, about $50 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