Is Mereta, TX 76940 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mereta 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 Mereta housing market right now

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

About the area

Tom Green County, TX

Population	71
Owner-occupied	100% of homes

Natural hazard riskExtreme heat (relatively high), winter storms (relatively high), hail (relatively high)

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 76940; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 76940

Prefilled for 76940Can I win this house?Multiple-offer likelihood for a listing Prefilled for 76940Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carlsbad 76934Buyer’s market $344 /sq ft Miles 76861Seller’s market $171 /sq ft San Angelo 76901Balanced $158 /sq ft San Angelo 76903Balanced $149 /sq ft Browse all markets →

Where Mereta is

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Questions about Mereta real estate

What are property taxes in Mereta?

About 1.29% of a home’s value a year in Tom Green County, or roughly $5,160 on a $400,000 home.

Local agents

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More tools for 76940

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 Tom Green County property taxes Tom Green 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