Is Normangee, TX 77871 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Normangee is a buyer’s market. With about 17.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply17.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market118Listing to accepted offer
Median price per sq ft$155▲ +22.7% vs. last year

The Normangee housing market right now

In the three months ending August 31, 2026, 0% of homes in Normangee, TX 77871 sold above their list price, the typical home went under contract in 118 days and there were 17.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (106 days then) and the median sale price rose 12% to $299,870. Overall, Normangee is less competitive than a year ago, which gives buyers more room.

Nearby markets

Buffalo 75831 — /sq ftCenterville 75833Seller’s market $149 /sq ftJewett 75846Buyer’s market $139 /sq ftLeona 75850 — /sq ft Browse all markets →

Where Normangee is

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Questions about Normangee real estate

Is Normangee a buyer’s or seller’s market?

A buyer’s market: there were 17.6 months of supply in Normangee, TX 77871 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 Normangee?

The typical home went under contract in 118 days in the latest three months.

Do homes in Normangee sell over asking?

0% of homes sold above their original list price.

What are property taxes in Normangee?

About 0.69% of a home’s value a year in Leon County, or roughly $2,760 on a $400,000 home.

What is the median home price in Normangee?

The median sale price was $299,870 in the three months ending August 31, 2026, about $155 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