Is Elm Mott, TX 76640 a buyer’s or seller’s market?

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

Elm Mott is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market

Sold above original list25%Share of sales, last 3 months

Median sale-to-list91.7%Sold price ÷ list price

Median days on market45Listing to accepted offer

Median price per sq ft$149▼ −16.3% vs. last year

Run the numbers for 76640

Prefilled for 76640Can I win this house?Multiple-offer likelihood for a listing Prefilled for 76640Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Axtell 76624Buyer’s market $153 /sq ft Bruceville 76630Seller’s market $176 /sq ft China Spring 76633Seller’s market $226 /sq ft Crawford 76638Buyer’s market $195 /sq ft Browse all markets →

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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

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