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HEMPHILL, TX 75948

Real Estate Market Report  ·  Sabine County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
65
⇩ 21.7% vs 83 last year
Pending
9
14% pending ratio
Median Price
$289,000
⇧ 16.4% vs $248,250 last year
Average Price
$337,610
⇧ 3.4% vs $326,604 last year
Days on Market
110
⇩ 12% vs 125 days last year

Market Context

Population: 5,307  ·  Density: 8.9/mi²  ·  Median household income: $46,157

Typical home value: $197,974  ·  Homeownership: 83.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The HEMPHILL, TX real estate market (75948) currently shows 65 active listings, with 9 pending sales. Homes are averaging 110 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 110 days on market compared to 125 days last year.

The median listing price has risen 16.4% year-over-year, from $248,250 to $289,000.

Whether you are buying or selling in HEMPHILL, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 83 last year
  • Days on market: 110 now vs 125 last year

Median & Average Pricing

Year over Year
  • Median: $289,000 (+16.4% YoY)
  • Average: $337,610 (+3.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.0 miles — 337 listings ($109,303,651 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
75948Hemphill, TX 759480.0 mi65$21,944,650$289,000$337,610
75959Milam, TX 7595915.4 mi11$5,244,437$462,450$476,767
75977Wiergate, TX 7597716.2 mi2$544,000$272,000$272,000
75932Burkeville, TX 7593219.1 mi26$8,440,042$294,500$324,617
71403Anacoco, LA 7140320.6 mi20$5,213,280$225,900$260,664
71486Zwolle, LA 7148624.0 mi32$12,630,816$308,500$394,713
75972San Augustine, TX 7597224.6 mi24$9,674,832$334,900$403,118
71462Noble, LA 7146225.9 mi4$1,493,600$285,900$373,400
75951Jasper, TX 7595130.1 mi117$31,388,760$220,000$268,280
75973Shelbyville, TX 7597330.8 mi16$4,547,632$259,000$284,227
71419Converse, LA 7141935.2 mi7$1,642,102$214,900$234,586
75944Etoile, TX 7594436.2 mi10$4,967,500$494,900$496,750
75937Chireno, TX 7593738.0 mi3$1,572,000$524,000$524,000

Frequently Asked Questions

How many homes are for sale in HEMPHILL, TX 75948?

As of January 2026, there are 65 active listings in HEMPHILL, TX (zip code 75948), compared to 83 the prior year.

What is the median home price in HEMPHILL, TX 75948?

The median listing price in HEMPHILL, TX 75948 is $289,000 as of January 2026, a 16.4% increase from $248,250 the prior year.

How long do homes stay on the market in HEMPHILL, TX?

Homes in HEMPHILL, TX 75948 spend an average of 110 days on the market before going under contract, compared to 125 days the prior year.

Is it a seller's or buyer's market in HEMPHILL, TX 75948?

Based on current inventory and days-on-market data as of January 2026, HEMPHILL, TX 75948 is currently a Seller's Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 110 days on market compared to 125 days last year.

How much can I save on real estate commission in HEMPHILL, TX?

With SELL123.com's maximum 3% commission, sellers in HEMPHILL, TX 75948 save an estimated $5,780 compared to a typical 5% commission on the median listing price of $289,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.