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Housing in Electra

31 homes sold in Electra in the last year, at a typical $87K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Electra homes are listed.

Homes sold
31
June 2025 to May 2026
Typical sale price
$87K
median, weighted by sales
Price per square foot
$58
Texas $175
Paid vs. asking
92.3%
3% sold over asking
For sale now
15
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Electra’s sales, at a typical $87K

31 homes sold in the year to May 2026.

Houses$87K

typical sale · 31 sold in 12 months

Per square foot
$58TX $173
Days to sell
90
Sold over asking
3%
Listings with a price cut
15%
4 years of sales

More homes sell than most years, at about the 2020 price

31 sales in the last year, against 37 in 2023 and a low of 16 in 2020. The typical sale went from $80K in 2020 to $87K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2020: 16 sold, typical $80K’202022: 18 sold, typical $110K2023: 37 sold, typical $59K’232025: 31 sold, typical $79KLast 12 months: 31 sold, typical $87KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Electra

Houseat $58 a sq ft
The same money in Texasat $173 a sq ft

Is this asking price fair?

Check a listing against what Electra homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Electra home costs about $579 a month

Mortgage
Property tax
Insurance
Rent

Price: Electra’s typical sale, last 12 months. Property tax at Electra’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Electra is affordable on local pay is on Cost of living.

Before you buy in Electra

Five things worth knowing

1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $87K home, about $1,510 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Electra, from test results, graduation and how much students grow.

Schools in Electra
20 min

Typical commute

The average one-way trip to work for people who live in Electra.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Iowa Park, Burkburnett, Vernon and Wichita Falls for far more

The busier markets within 25 miles of Electra, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Wichita Falls1,272$202K$1291%70
Burkburnett145$202K$1280%88
Iowa Park91$200K$1370%81
Vernon48$140K$830%72
Electra31$87K$583%90

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Electra, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Electra. People who follow the town see it, and so do people comparing Electra with their own town. No commission, no listing fee.

Questions about buying a home in Electra

What do homes sell for in Electra, TX?

31 homes sold in the year to May 2026 at a typical $87K, $58 a square foot.

Is Electra a buyer’s or seller’s market?

A buyer’s market: 15 homes were for sale in May 2026 and 1 sold, about 15 months of supply. Buyers paid 92.3% of asking on average, and 15% of listings cut their price.

How much are property taxes in Electra?

About 1.7% of a home’s value a year. On a $87K home that’s near $1,510.

Where can I see homes for sale in Electra?

Zillow, Redfin, Realtor.com and Homes.com all carry Electra’s MLS listings; the search links above open each one filtered to Electra.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).