76048 — Somervell County, Texas Market Snapshot
Housing market data for zip code 76048 in Somervell County, Texas. Updated monthly with median prices, days on market, and more.
Market Sales Data
159 sales in 2026 (year to date)
Median Sale Price
$299,685
Days to Sell
77
Homes Sold
159
Inventory
353
Sale-to-List
97.5%
New Listings
291
Price/SqFt
$180
Pending Sales
204
Conforming Loan Available
Most homebuyers in 76048 can comfortably use conventional financing. The median home price of $299,685 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 77 days on average, 76048 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 76048 sells for 2.5% below asking price (97.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 76048 can comfortably use conventional financing. The median home price of $299,685 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 76048 are set at the county level.
2026 Loan Limits — Somervell County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 76048
To purchase the median home at $299,685 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,446.
Monthly Payment
$2,446
Income Required
$104,832
Principal & Interest
$1,847/mo
Down Payment (5%)
$14,984
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 76048.
Estimated Monthly Payment
$2,005
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