Stephenville, TX metro area Housing Market

Cold Market

Comprehensive housing market data for the Stephenville, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$321K

15.0% YoY

Days on Market

119 days

43.4% YoY

Active Inventory

174

4.9% YoY

Homes Sold

32

10.3% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Stephenville, TX metro area Market Summary

The Stephenville, TX metro area housing market is cooling down. As of March 2026, the median home sale price is $321K, down 15.0% year-over-year. Homes are spending a median of 119 days on the market, 43.4% longer than a year ago.

There are 174 homes for sale — 4.9% fewer than last year. With 5.4 months of supply, this is a balanced market. 60 new listings were added during this period, up 7.1% year-over-year.

Homes are selling for 96.2% of their list price on average, suggesting room for negotiation. 12.5% of homes sell above their asking price. 16.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 5.4
Days on Market 119
Price Drops 16.7%
Sale-to-List Ratio 96.2%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 26.5%
Days on Market (National: 55) 116.4%
Inventory (National: 1,314,690) 100.0%

vs. Texas Median

Median Price (Texas: $342K) 6.3%
Days on Market (Texas: 82) 45.1%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 26% below the national median, which could indicate stronger cash flow potential.

Stephenville, TX metro area Market Trends

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Detailed Market Metrics

Median List Price

$359K

Price per Sq Ft

$189

Sale-to-List Ratio

96.2%

Months of Supply

5.4

Sold Above List

12.5%

Price Drops

16.7%

New Listings

60

7.1% YoY

Pending Sales

50

Off Market in 2 Weeks

32.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.