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Market Snapshot

Median listing price
$454K

The median listing price in Wylie, TX ZIP 75098 is $454,450 as of August 2026.

Median rent
$2,300/mo

The median market rent in Wylie, TX ZIP 75098 is $2,300/month as of August 2026.

Days on market
38 days

The median days on market in Wylie, TX ZIP 75098 is 38 days as of August 2026. The market is currently neutral.

Gross rental yield
6.07%

At a median list price of $454,450 and a median rent of $2,300/month, the gross rental yield in Wylie, TX ZIP 75098 is 6.07% as of August 2026.

Wylie, TX 75098 Real Estate Market Report

ZIP Code: 75098

Report Date: August 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
12 Months
Total Properties Analyzed
103
Active Listings
101
Sold Properties
2

Market Metrics

Median Listing Price
$454,450
Median Sold Price
$361,337
Median Price per Sqft
$189/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,300

Property Taxes

Property Tax Rate
1.54%

Liquidity & Velocity

Median Days on Market
38

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Wylie TX are averaging 6.66%, which is 0.68% higher than the 5.98% average observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price is not available in the provided metrics, which limits transaction-based valuation; the analyzed sample contains too few recent closed transactions to report a reliable median sold price, so interpret listing-era signals with caution and prioritize verified closed data when making pricing decisions. unavailable
  2. median listing price: 454,450 coupled with a median days on market: 38 suggests current seller expectations remain elevated while sales velocity is moderate; given a flat price year-over-year trend and a neutral market temperature, expect stabilization rather than rapid appreciation.
  3. median price per square foot: 189 in the context of elevated inventory relative to sales activity may create pricing friction for sellers and negotiating leverage for buyers; agents should set listing price bands conservatively and use recent comparable closings when available.
  4. median market rent: 2,300 and a down rent year-over-year trend indicate softer rental demand, while financing conditions are tightening—Current 30-year fixed mortgage rates in Wylie TX are averaging 6.66%, which is 0.68% higher than the 5.98% average observed earlier in 2026; factor higher borrowing costs into buyer affordability and time-on-market expectations. elevated

Notable Properties

The following 2 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

302 Highland Glen Dr, Wylie, TX 75098
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3.5 baths3,094 sqft
$346,000
Jul 1, 2026
$112/sqft
81 days on market
220 Lake Wichita Dr, Wylie, TX 75098
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,634 sqft
$335,010
Jan 1, 2026
$205/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$127/mo
75098 Avg Rent
75098 Cost to Own
Rent$2,300
Own$2,427

20% down, 6.66% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

75098 Avg nightly rate
75098 Avg occupancy (days/year)
Nightly rate$155/night
Occupancy166 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 8/29/2026

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