Location: Tyler County, TX | Metro: Tyler County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
The real estate market in ZIP 75942 presents a complex scenario that requires careful consideration for both landlords and small-portfolio investors. The median home value is currently not available, which makes it difficult to assess the overall health and trends of the housing market in this area. However, we can observe that N/A% of listings have been reduced, indicating a potential shift in seller behavior. This could suggest that sellers are adjusting their expectations due to market conditions, possibly leading to more competitive pricing in the future.
The median days on market (DOM) is also listed as N/A, which typically reflects how quickly homes are selling. A high DOM can indicate a slower market where buyers are being more selective, while a low DOM might suggest a hot market with strong demand. Given the unavailability of this figure, we cannot definitively conclude the speed at which properties are moving, but the percentage of reduced listings provides a hint towards a potentially balanced market where neither buyers nor sellers hold significant advantage.
On the rental side, the Fair Market Rent (FMR) for ZIP 75942 is projected to be $1,040 for the fiscal year 2026. This figure is based on metro-wide averages and does not reflect the specific local market conditions, which are also not available. Despite this, the FMR gives us an idea of the minimum rent levels that should be expected to remain competitive in the area. It's important to note that actual rents can vary significantly based on property quality, location, and amenities.
For long-term investors, the lack of specific data on appreciation rates means there is no clear thesis to support significant price increases over the next 12-24 months. The combination of the median home value being unavailable, the percentage of reduced listings, and the unclear DOM suggests a market that is likely to remain stable rather than experiencing rapid growth or decline. Investors should focus on maintaining properties to ensure they meet the FMR standards and remain attractive to tenants.
In summary, the current setup in ZIP 75942 signals a market that is balanced, with neither sellers nor renters holding a significant advantage. Long-term investors should expect modest returns and focus on property maintenance and management to ensure competitiveness and profitability in the rental market.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.