Sulphur Springs, TX Housing Market
AI-powered market intelligence for the Sulphur Springs, TX metro area.
PropertyIQ Scores
Sulphur Springs, TX Market Analysis
Market Overview
Sulphur Springs, TX currently presents as a weak market based on a PropertyIQ Score of 10 out of 100. The score is heavily influenced by slow home value momentum, a median of 79 days on market, and a meaningful share of listings with price cuts at 22.1%. The median home value is $263,169, which is $38,637 below the state average of $301,806. However, median household income is also lower at $64,725 compared with the state average of $76,292, so the lower home prices do not necessarily translate into stronger local affordability. The unemployment rate is 4.4%, matching the state benchmark.
While home values sit below the state average, the rental picture is slightly stronger. The rent index for Sulphur Springs is $1,384, which is $45 above the state average of $1,339. That relative rental strength stands out against otherwise weak home price momentum. Population growth data is not available, so it is not possible to assess whether demographic trends are adding demand pressure to the local housing market.
Overall, this is a market showing limited price momentum and buyer-favorable conditions. The very low PropertyIQ Score of 10 reflects weak recent price movement and longer selling times rather than a market with strong appreciation or tight inventory.
Key Trends
One clear trend is the recent cooling in home value momentum. The 12-month home value momentum is positive at 0.69%, but the 3-month momentum is negative at -0.65%. The year-over-year home value change is -$12, which is essentially flat but slightly negative. This suggests that any modest longer-term gain has stalled in the most recent quarter.
A second trend is the softer selling environment. With a median of 79 days on market and 22.1% of listings showing a price cut, sellers appear to be competing more aggressively for buyers. There are 189 homes for sale, which gives buyers more choices and reduces urgency. These conditions align with the weak PropertyIQ Score and point to a market where negotiation leverage may favor buyers.
A third trend is the split between ownership and rental demand. The median home value is $263,169, below the state average, while the rent index is $1,384, above the state average. That combination can indicate relatively steady rental demand even as home prices struggle to gain momentum. The unemployment rate of 4.4% matches the state average, so the labor market does not appear to be a drag on local housing relative to the state.
Finally, affordability is mixed. The lower median home value compared with the state may look attractive, but median household income is also lower than the state average. In simple terms, the local median home value is about 4.07 times median household income, while the state average is about 3.96 times median household income. That means the lower home price does not fully close the affordability gap when local incomes are considered.
Who Is This Market For
Sulphur Springs appears best suited to investors who prioritize rental income over short-term appreciation. The rent index of $1,384 is above the state average of $1,339, while the median home value is below the state average at $263,169. That spread may appeal to investors looking for cash-flow-oriented rental properties, especially if they can negotiate with sellers who are already showing price cuts on 22.1% of listings.
First-time buyers may also find opportunity here because the median home value is lower than the state average and inventory is relatively plentiful at 189 homes for sale. However, the lower median household income of $64,725 means local buyers may still feel stretched, and the negative 3-month home value momentum could make some buyers cautious about near-term equity growth.
Move-up buyers are likely less suited to this market because price momentum is weak and homes are taking a median of 79 days to sell. Without stronger appreciation or faster sales, move-up buyers may find it harder to build equity or sell their existing home quickly. The lack of population growth data also makes it difficult to identify strong long-term demand from new households.
Outlook
The near-term outlook for Sulphur Springs is soft unless recent price momentum shifts. The 3-month home value momentum of -0.65% and the year-over-year change of -$12 suggest that home values are not currently gaining ground. With 22.1% of listings showing price cuts and a median of 79 days on market, conditions are likely to remain buyer-friendly in the near term. The 12-month momentum of 0.69% offers only a small positive signal and is outweighed by the more recent negative reading. The rent index above the state average and the unemployment rate matching the state average provide some stability, but without population growth data, it is hard to project stronger demand. Based on the available numbers, Sulphur Springs is positioned for a flat-to-soft housing market until price momentum improves.
AI-generated analysis based on current market data. Last updated September 3, 2026.
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Sulphur Springs, TX market data
Sulphur Springs, TX Housing Market Overview
Sulphur Springs, TX's median home value is $263K, up 0.7% over the past year. Homes here sell in a median 79 days. Its PropertyIQ Score of 10 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
Understanding the Sulphur Springs, TX housing market requires looking beyond headline price figures. The PropertyIQ Score reads both sides of market strength: Zillow price momentum across 3- and 12-month windows, and Realtor.com flow signals — days on market and the share of listings with price cuts. Together they predict how this TX metro is set to perform relative to the rest of its state.
South Central housing markets are propelled by energy sector economics, corporate relocations, and rapid population growth. Texas metros in particular have seen explosive expansion, though affordability pressures are emerging in the fastest-growing areas. Within the South Central, Sulphur Springs, TX's PropertyIQ Score of 10 runs below the South Central norm.
Texas continues to be one of America's top relocation destinations, with no state income tax and a business-friendly regulatory environment driving corporate headquarters relocations and population growth.
Each month, PropertyIQ updates its score for Sulphur Springs, TX using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been positive, with home values up 0.7% over the past year.
Use PropertyIQ's interactive analytics to compare Sulphur Springs, TX against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Sulphur Springs, TX metro area
ZIP codes in the Sulphur Springs, TX metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Sulphur Springs, TX a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Sulphur Springs, TX currently scores 10, a very weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $263K, up 0.7% over the past year. So whether Sulphur Springs, TX is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Sulphur Springs, TX?
Sulphur Springs, TX's PropertyIQ Score is 10, indicating very weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 10 places Sulphur Springs, TX below its state benchmark.
Are home prices in Sulphur Springs, TX rising or falling?
Home prices in Sulphur Springs, TX are rising. Over the past year, the median home value increased 0.7%, reaching $263K. Over the latest three months, values slipped 0.7%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Sulphur Springs, TX's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Sulphur Springs, TX?
In Sulphur Springs, TX, homes sell in a median of 79 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 22% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Sulphur Springs, TX market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.