The story of this market
The typical home in ZIP 75703 sells for about $308,000, or $177 per square foot.
Prices are roughly flat from a year ago (-1%), a market in balance. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $2,135 a month.
ZIP 75703 — Tyler
The Tyler housing market in 75703 shows signs of stabilization with a median price of $308,000 and a moderate inventory level. While year-over-year values have seen a slight decline, the market remains supported by steady demand and a strong regional employment base in healthcare and education.
This ZIP is well-suited for families and professionals seeking a balance of suburban living and access to the amenities and employment opportunities of the Tyler metropolitan area.
Median prices moved down 1.0% year over year.
Homes spend a median of 51 days on market with 1.6 months of supply — a fast-moving market.
7% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 75703, Smith County TX
The area is served by the Tyler Independent School District, which provides a range of public educational options for families.
The region is subject to standard East Texas weather risks, including severe thunderstorms and occasional wind events; property insurance premiums are influenced by these regional hazard profiles.
Tyler serves as a regional hub for healthcare and education, with significant economic momentum driven by major employers like UT Health Tyler and CHRISTUS Trinity Mother Frances.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents in 75703 benefit from proximity to major thoroughfares like Loop 323 and US-69, facilitating access to the Tyler employment core.
The ZIP code features access to local parks, golf courses, and shopping centers, including proximity to the Village at Cumberland Park.
The rental market remains active with a mix of single-family homes and apartment complexes, reflecting the city's role as a regional employment center.
The economy is anchored by the healthcare, education, and retail sectors, with UT Health and CHRISTUS Health serving as primary regional employers.
The area is primarily auto-dependent, with connectivity provided by a network of state highways and local arterial roads.
Ongoing commercial and residential development continues along the South Broadway corridor.
The Smith County Appraisal District manages property assessments for the county, adhering to state-mandated appraisal standards.
Parcels are subject to Tyler ISD taxes and may fall within specific municipal utility or emergency service districts.
Property insurance markets in East Texas are sensitive to severe weather patterns, leading to moderate premium pressure.
Texas utilizes a non-judicial foreclosure process, typically allowing for expedited proceedings following proper notice.
Texas law requires sellers to provide a written disclosure notice regarding the condition of the property to potential buyers.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jellystone Park™ Tyler4.619.4 mi
- The Discovery Science Place4.56.9 mi
- iJump Tyler Trampoline Park4.52.9 mi
- Urban Air Trampoline and Adventure Park4.51.2 mi
- Chuck E. Cheese3.83.3 mi
- Stanley's Famous Pit Barbecue4.66.3 mi
- Times Square Grand Slam4.62.7 mi
- Jellystone Park™ Tyler4.619.4 mi
- The Grove Kitchen & Gardens4.43.7 mi
- Golden Corral Buffet & Grill4.22.4 mi
- Caldwell Zoo4.67.9 mi
- Times Square Grand Slam4.62.7 mi
- Tyler Rose Garden4.76.2 mi
- AMC Tyler 1441.1 mi
- Lindsey Park4.54.9 mi
- The Discovery Science Place4.56.9 mi
- Tyler Museum of Art4.45.9 mi
- Tyler Rose Museum & Gift Shop4.66.2 mi
- American Freedom Museum4.87.3 mi
- Goodman-LeGrand House & Museum4.77.1 mi
- Lindsey Park4.54.9 mi
- Faulkner Park4.70.4 mi
- Bergfeld Park4.75.5 mi
- Pollard Park4.54.3 mi
- Southside Park4.72.9 mi
- Lake Tyler Marina Resort4.58.6 mi
- Eagle's Bluff Country Club4.711.5 mi
- Waters Edge Marina and RV Park on Lake Palestine4.59 mi
- Flat Creek Marina and RV Camping4.611.7 mi
- Willow Brook Country Club4.66.9 mi
- Cascades Country Club4.64.9 mi
- Pine Springs Golf Club412.3 mi
- Oak Hurst Golf Course3.75.9 mi
- Broadway Square4.33.2 mi
- Sprouts Farmers Market4.53.7 mi
- Ross Dress for Less42.9 mi
- T.J. Maxx4.30.9 mi
- Kohl's4.30.9 mi
- Tyler Pounds Regional Airport4.18.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major open-air shopping and dining destination.
Iconic regional landmark and botanical garden.
Private golf and country club facility.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.