Is Stephenville, TX 76401 a buyer’s or seller’s market?
Stephenville is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 20% of U.S. ZIP codes, and #401 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 Stephenville housing market right now
In the three months ending August 31, 2026, 15% of homes in Stephenville, TX 76401 sold above their list price, the typical home went under contract in 56 days and there were 5.3 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 92 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold about as fast and the median sale price rose 10% to $342,352. Overall, Stephenville is more competitive than a year ago, so tougher for buyers.
On our competition score, Stephenville ranks #401 of 868 TX ZIP codes with enough sales (score 25 out of 100).
Nearby, buyers who want less competition could look at Mingus 76463 (0% sold over asking) or Dublin 76446 (0% sold over asking).
Run the numbers for 76401
Nearby markets
Bluff Dale 76433Balanced $240 /sq ftDublin 76446Seller’s market $151 /sq ftMingus 76463Buyer’s market $76 /sq ft Browse all markets →Towns like Stephenville nearby
Find towns like Stephenville in other states →Where Stephenville is
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Questions about Stephenville real estate
Is Stephenville a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Stephenville, TX 76401 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 Stephenville?
The typical home went under contract in 56 days in the latest three months.
Do homes in Stephenville sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Stephenville?
About 1.07% of a home’s value a year in Erath County, or roughly $4,280 on a $400,000 home.
What is the median home price in Stephenville?
The median sale price was $342,352 in the three months ending August 31, 2026, about $200 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