Is now a good time to buy land in Gorman, Texas?
Gorman, Texas is currently a seller's market with 4.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Comprehensive market data and analysis• Updated Dec 2025
4.2 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | 2 | 3 | 7 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | 1 | 3 | 3 |
| TOTAL | 0 | 5 | 9 | 14 |
Gorman, Texas is currently a seller's market with 4.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Gorman, Texas currently has 4.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Gorman, Texas is 23.8% (3-month basis), indicating strong demand.
The 3-month absorption rate in Gorman, Texas is 23.8%. The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 7 active listings in Gorman, Texas. 2 new listings have hit the market in the last 90 days. The median asking price is $250K.
Over the past 12 months, Gorman, Texas saw 14 properties sold. In just the last 3 months, 5 properties changed hands.
Land in Gorman, Texas typically sells within 208 days of listing. The median time on market is 181 days. Properties are moving slowly in the current seller's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.