Counties with the most homes selling under list price in Texas

·Stacker

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It's a tough time to be in the market for a new house. But as peak homebuying season begins, homebuyers are starting to have at least some negotiating power—especially in markets that recorded large price growth over the last few years.

The average 30-year, fixed-rate mortgage rose above 7% at the start of November 2022, the highest level in more than a decade, as the Federal Reserve raised its benchmark rates to combat inflation. Today, rates remain at historic highs; even half of a percentage point change can significantly affect the monthly payments required for a mortgage.

Since mortgage rates were under 4% for the better part of the past decade, many homebuyers locked in far more affordable rates than what's available in today's environment. And sellers aren't exactly coming down on price: Nationally, home prices are still increasing—just more slowly than they did during the height of the COVID-19 pandemic.

Nationally, the median home sale price in March was $420,321, 4.8% higher than the year before. In Texas, the median sale price was $344,500, while the average price difference was 2.58% below asking.

Stacker compiled a list of counties in Texas where homes typically sell below list price using data from Redfin.

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#39. Wichita County

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#39. Wichita County

- Average price difference: 0.97% below list
-- Median list price: $199,900
-- Median sale price: $185,000
- Total homes sold: 124
-- Share that sold above list: 0.8%

#38. Johnson County

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#38. Johnson County

- Average price difference: 1.34% below list
-- Median list price: $369,900
-- Median sale price: $355,403
- Total homes sold: 228
-- Share that sold above list: 18.0%

#37. Tarrant County

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#37. Tarrant County

- Average price difference: 1.34% below list
-- Median list price: $360,000
-- Median sale price: $344,000
- Total homes sold: 1,947
-- Share that sold above list: 24.0%

#36. El Paso County

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#36. El Paso County

- Average price difference: 1.41% below list
-- Median list price: $282,500
-- Median sale price: $251,200
- Total homes sold: 673
-- Share that sold above list: 19.3%

#35. Collin County

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#35. Collin County

- Average price difference: 1.52% below list
-- Median list price: $535,950
-- Median sale price: $490,000
- Total homes sold: 1,297
-- Share that sold above list: 21.7%

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#34. Bell County

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#34. Bell County

- Average price difference: 1.60% below list
-- Median list price: $295,000
-- Median sale price: $277,000
- Total homes sold: 433
-- Share that sold above list: 14.1%

#33. Dallas County

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#33. Dallas County

- Average price difference: 1.76% below list
-- Median list price: $399,994
-- Median sale price: $375,000
- Total homes sold: 1,747
-- Share that sold above list: 23.6%

#32. Denton County

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#32. Denton County

- Average price difference: 1.79% below list
-- Median list price: $499,375
-- Median sale price: $465,800
- Total homes sold: 1,178
-- Share that sold above list: 17.9%

#31. Ellis County

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#31. Ellis County

- Average price difference: 1.80% below list
-- Median list price: $430,000
-- Median sale price: $423,495
- Total homes sold: 294
-- Share that sold above list: 10.2%

#30. Brazoria County

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#30. Brazoria County

- Average price difference: 2.06% below list
-- Median list price: $375,000
-- Median sale price: $339,990
- Total homes sold: 401
-- Share that sold above list: 18.0%

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#29. Parker County

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#29. Parker County

- Average price difference: 2.15% below list
-- Median list price: $525,000
-- Median sale price: $477,450
- Total homes sold: 220
-- Share that sold above list: 10.9%

#28. Williamson County

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#28. Williamson County

- Average price difference: 2.15% below list
-- Median list price: $450,000
-- Median sale price: $424,500
- Total homes sold: 885
-- Share that sold above list: 15.5%

#27. Guadalupe County

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#27. Guadalupe County

- Average price difference: 2.18% below list
-- Median list price: $330,497
-- Median sale price: $310,000
- Total homes sold: 329
-- Share that sold above list: 12.5%

#26. Travis County

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#26. Travis County

- Average price difference: 2.27% below list
-- Median list price: $619,500
-- Median sale price: $508,650
- Total homes sold: 1,248
-- Share that sold above list: 16.9%

#25. Bastrop County

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#25. Bastrop County

- Average price difference: 2.30% below list
-- Median list price: $400,000
-- Median sale price: $375,000
- Total homes sold: 107
-- Share that sold above list: 12.1%

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#24. Hays County

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#24. Hays County

- Average price difference: 2.49% below list
-- Median list price: $424,994
-- Median sale price: $385,000
- Total homes sold: 389
-- Share that sold above list: 13.4%

#23. Brazos County

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#23. Brazos County

- Average price difference: 2.51% below list
-- Median list price: $348,955
-- Median sale price: $329,900
- Total homes sold: 259
-- Share that sold above list: 1.5%

#22. Bexar County

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#22. Bexar County

- Average price difference: 2.51% below list
-- Median list price: $305,000
-- Median sale price: $295,000
- Total homes sold: 2,078
-- Share that sold above list: 14.9%

#21. Comal County

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#21. Comal County

- Average price difference: 2.54% below list
-- Median list price: $455,445
-- Median sale price: $406,500
- Total homes sold: 302
-- Share that sold above list: 9.6%

#20. Harris County

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#20. Harris County

- Average price difference: 2.57% below list
-- Median list price: $345,000
-- Median sale price: $318,150
- Total homes sold: 3,928
-- Share that sold above list: 15.9%

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#19. Taylor County

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#19. Taylor County

- Average price difference: 2.76% below list
-- Median list price: $249,900
-- Median sale price: $233,900
- Total homes sold: 168
-- Share that sold above list: 17.9%

#18. Grayson County

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#18. Grayson County

- Average price difference: 2.79% below list
-- Median list price: $350,000
-- Median sale price: $335,000
- Total homes sold: 203
-- Share that sold above list: 14.8%

#17. Kaufman County

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#17. Kaufman County

- Average price difference: 2.83% below list
-- Median list price: $350,000
-- Median sale price: $320,000
- Total homes sold: 308
-- Share that sold above list: 10.7%

#16. Hood County

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#16. Hood County

- Average price difference: 2.88% below list
-- Median list price: $395,999
-- Median sale price: $340,000
- Total homes sold: 117
-- Share that sold above list: 9.4%

#15. Galveston County

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#15. Galveston County

- Average price difference: 2.89% below list
-- Median list price: $399,000
-- Median sale price: $349,600
- Total homes sold: 493
-- Share that sold above list: 13.6%

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#14. Rockwall County

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#14. Rockwall County

- Average price difference: 2.90% below list
-- Median list price: $482,486
-- Median sale price: $435,000
- Total homes sold: 178
-- Share that sold above list: 14.0%

#13. Montgomery County

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#13. Montgomery County

- Average price difference: 2.95% below list
-- Median list price: $353,690
-- Median sale price: $320,240
- Total homes sold: 1,252
-- Share that sold above list: 10.9%

#12. Fort Bend County

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#12. Fort Bend County

- Average price difference: 2.96% below list
-- Median list price: $410,000
-- Median sale price: $369,000
- Total homes sold: 957
-- Share that sold above list: 12.4%

#11. Hidalgo County

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#11. Hidalgo County

- Average price difference: 3.15% below list
-- Median list price: $275,000
-- Median sale price: $240,000
- Total homes sold: 365
-- Share that sold above list: 18.1%

#10. McLennan County

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#10. McLennan County

- Average price difference: 3.44% below list
-- Median list price: $319,950
-- Median sale price: $303,880
- Total homes sold: 231
-- Share that sold above list: 0.9%

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#9. Gregg County

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#9. Gregg County

- Average price difference: 3.46% below list
-- Median list price: $299,900
-- Median sale price: $261,990
- Total homes sold: 100
-- Share that sold above list: 0.0%

#8. Cameron County

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#8. Cameron County

- Average price difference: 3.59% below list
-- Median list price: $309,499
-- Median sale price: $275,000
- Total homes sold: 226
-- Share that sold above list: 2.2%

#7. Waller County

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#7. Waller County

- Average price difference: 3.72% below list
-- Median list price: $393,900
-- Median sale price: $382,930
- Total homes sold: 144
-- Share that sold above list: 9.0%

#6. Hunt County

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#6. Hunt County

- Average price difference: 4.05% below list
-- Median list price: $305,232
-- Median sale price: $301,740
- Total homes sold: 168
-- Share that sold above list: 8.9%

#5. Henderson County

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#5. Henderson County

- Average price difference: 4.27% below list
-- Median list price: $339,997
-- Median sale price: $299,900
- Total homes sold: 108
-- Share that sold above list: 8.3%

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#4. Jefferson County

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#4. Jefferson County

- Average price difference: 4.45% below list
-- Median list price: $199,900
-- Median sale price: $196,500
- Total homes sold: 150
-- Share that sold above list: 2.7%

#3. Smith County

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#3. Smith County

- Average price difference: 4.61% below list
-- Median list price: $359,900
-- Median sale price: $320,000
- Total homes sold: 230
-- Share that sold above list: 1.3%

#2. Ector County

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#2. Ector County

- Average price difference: 6.19% below list
-- Median list price: $289,945
-- Median sale price: $279,000
- Total homes sold: 170
-- Share that sold above list: 0.0%

#1. Potter County

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#1. Potter County

- Average price difference: 8.31% below list
-- Median list price: $175,000
-- Median sale price: $196,000
- Total homes sold: 115
-- Share that sold above list: 0.0%

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 28 states.