Is Melvin, TX 76858 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Melvin is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Melvin housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Concho County, TX

Population	212
Median income	$71,875
Average income	$78,635
Median home value	$88,800
Owner-occupied	95% of homes
Median year built	1956

Natural hazard riskWinter storms (relatively high), hail (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 76858; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 76858

Prefilled for 76858Can I win this house?Multiple-offer likelihood for a listing Prefilled for 76858Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Eden 76837Buyer’s market $136 /sq ft Millersview 76862 — /sq ft Paint Rock 76866 — /sq ft Browse all markets →

Where Melvin is

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Questions about Melvin real estate

What are property taxes in Melvin?

About 1.68% of a home’s value a year in Concho County, or roughly $6,720 on a $400,000 home.

Local agents

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More tools for 76858

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Concho County property taxes Concho County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology