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Is Tennessee Colony, TX 75861 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Tennessee Colony is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 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 market133Listing to accepted offer
Median price per sq ft$225▲ +103.5% vs. last year

Run the numbers for 75861

Prefilled for 75861Can I win this house?Multiple-offer likelihood for a listing Prefilled for 75861Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Elkhart 75839Buyer’s market $73 /sq ftFrankston 75763Balanced $173 /sq ftMontalba 75853 — /sq ftPalestine 75801Balanced $144 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology