Is Giddings, TX 78942 a buyer’s or seller’s market?
Giddings is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Giddings housing market right now
In the three months ending August 31, 2026, 7% of homes in Giddings, TX 78942 sold above their list price, the typical home went under contract in 83 days and there were 5.5 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 14 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold more slowly (52 days then) and the median sale price fell 10% to $286,618. Overall, Giddings is less competitive than a year ago, which gives buyers more room.
Nearby, buyers who want less competition could look at Lincoln 78948 (0% sold over asking), while Lexington 78947 (25% sold over asking) is even more competitive.
Run the numbers for 78942
Nearby markets
Dime Box 77853 — /sq ftLedbetter 78946 — /sq ftLexington 78947Buyer’s market $231 /sq ftLincoln 78948 $143 /sq ft Browse all markets →Towns like Giddings nearby
Find towns like Giddings in other states →Where Giddings is
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Questions about Giddings real estate
Is Giddings a buyer’s or seller’s market?
A balanced market: there were 5.5 months of supply in Giddings, TX 78942 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 Giddings?
The typical home went under contract in 83 days in the latest three months.
Do homes in Giddings sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What are property taxes in Giddings?
About 0.96% of a home’s value a year in Lee County, or roughly $3,840 on a $400,000 home.
What is the median home price in Giddings?
The median sale price was $286,618 in the three months ending August 31, 2026, about $163 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