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Is Ovalo, TX 79541 a buyer’s or seller’s market?

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

Ovalo is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market95Listing to accepted offer
Median price per sq ft$219▼ −3.0% vs. last year

The Ovalo housing market right now

In the three months ending August 31, 2026, 0% of homes in Ovalo, TX 79541 sold above their list price, the typical home went under contract in 95 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 faster (155 days then) and the median sale price fell 29% to $477,243. Overall, Ovalo is more competitive than a year ago, so tougher for buyers.

Within Taylor County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Merkel 79536 (43% sold over asking) and Abilene 79602 (40% sold over asking) are even more competitive.

Run the numbers for 79541

Prefilled for 79541Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79541Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Abilene 79602Seller’s market $194 /sq ftAbilene 79603Seller’s market $134 /sq ftAbilene 79605Seller’s market $143 /sq ftAbilene 79606Seller’s market $192 /sq ft Browse all markets →

Towns like Ovalo nearby

Find towns like Ovalo in other states →
Buffalo Gap, TX79508 · 9 miles away67% similarhigher income ($34K more) · cheaper homes ($61K less) Clyde, TX79510 · 24 miles away67% similarcheaper homes ($110K less) · larger Bronte, TX76933 · 34 miles away65% similarcheaper homes ($114K less) Hawley, TX79525 · 34 miles away56% similarcheaper homes ($118K less) · larger

Where Ovalo is

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Questions about Ovalo real estate

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

A buyer’s market: there were 6.4 months of supply in Ovalo, TX 79541 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 Ovalo?

The typical home went under contract in 95 days in the latest three months.

Do homes in Ovalo sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Ovalo?

About 1.37% of a home’s value a year in Taylor County, or roughly $5,480 on a $400,000 home.

What is the median home price in Ovalo?

The median sale price was $477,243 in the three months ending August 31, 2026, about $219 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