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HEMPHILL, TX 75948

Real Estate Market Report  ·  Sabine County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HEMPHILL, TX real estate market (75948) currently shows 77 active listings, with 9 pending sales. Homes are averaging 102 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 102 days on market compared to 90 days last year.

The median listing price has risen 20.3% year-over-year, from $248,700 to $299,225.

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 Context

Market Context

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

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

Market Overview

Active Listings
77
⇩ 20.6% vs 97 last year
Pending
9
12% pending ratio
Median Price
$299,225
⇧ 20.3% vs $248,700 last year
Average Price
$328,457
⇧ 10.4% vs $297,418 last year
Days on Market
102
⇧ 13.3% vs 90 days last year

Price Per Square Foot

Median $/sqft
$195
⇧ 2.6% vs $190/sqft last year
Median Home Size
1,523 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 77 this year vs 97 last year
  • Days on market: 102 now vs 90 last year

Median & Average Pricing

Year over Year
  • Median: $299,225 (+20.3% YoY)
  • Average: $328,457 (+10.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.9 miles — 357 listings ($110,184,603 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
75948Hemphill, TX 759480.0 mi66$23,033,934$296,000$348,999
75959Milam, TX 7595915.4 mi9$4,112,433$424,500$456,937
75977Wiergate, TX 7597716.2 mi3$792,501$258,500$264,167
75932Burkeville, TX 7593219.1 mi26$8,999,744$294,500$346,144
71403Anacoco, LA 7140320.6 mi19$5,253,500$239,900$276,500
71486Zwolle, LA 7148624.0 mi31$13,116,596$320,375$423,116
75972San Augustine, TX 7597224.6 mi23$9,697,973$377,450$421,651
71462Noble, LA 7146225.9 mi4$1,373,200$200,000$343,300
71461New Llano, LA 7146130.7 mi12$1,868,256$138,500$155,688
75966Newton, TX 7596631.7 mi29$7,371,771$183,750$254,199
75980Zavalla, TX 7598035.8 mi31$12,090,682$329,225$390,022
71446Leesville, LA 7144637.0 mi103$22,245,013$180,750$215,971
70659Rosepine, LA 7065938.9 mi1$229,000$229,000$229,000

Frequently Asked Questions

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

As of March 2026, there are 77 active listings in HEMPHILL, TX (zip code 75948), compared to 97 the prior year.

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

The median listing price in HEMPHILL, TX 75948 is $299,225 as of March 2026, a 20.3% increase from $248,700 the prior year.

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

Homes in HEMPHILL, TX 75948 spend an average of 102 days on the market before going under contract, compared to 90 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 March 2026, HEMPHILL, TX 75948 is currently a Balanced Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 102 days on market compared to 90 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 $5,985 compared to a typical 5% commission on the median listing price of $299,225. 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.