Is Fred, TX 77616 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Fred 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 Fred housing market right now

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

About the area

Tyler County, TX

Population	860
Median income	$71,833
Average income	$86,687
Owner-occupied	85% of homes
Median year built	1991

Natural hazard riskHurricanes (relatively high), tornadoes (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 77616; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 77616

Prefilled for 77616Can I win this house?Multiple-offer likelihood for a listing Prefilled for 77616Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Chester 75936 — /sq ft Colmesneil 75938Buyer’s market $160 /sq ft Hillister 77624Buyer’s market $195 /sq ft Spurger 77660 — /sq ft Browse all markets →

Where Fred is

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Questions about Fred real estate

What are property taxes in Fred?

About 0.89% of a home’s value a year in Tyler County, or roughly $3,560 on a $400,000 home.

Local agents

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More tools for 77616

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 Tyler County property taxes Tyler 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