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Featured local agent — Fannett, TX
Sarah Mitchell
Compass Real Estate · Fannett, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fannett, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$634,000median sale price
How is the Fannett, TX housing market right now?
The median home sale price in Fannett, TX is $634,000, up 116.4% year-over-year. Homes sell in an average of 104 days with 8 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fannett a buyer's or seller's market?
Fannett, TX is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 104 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
104
Average pace
Active listings
8
4.0 months supply
Sale-to-list
—
Below asking
What does the Fannett housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $634,000 |
| Median list price | $472,000 |
| Year-over-year price change | +116.4% |
| Average days on market | 104 days |
| Active inventory | 8 listings |
| Months of supply | 4.0 months |
| Median price per sq ft | $139/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 75.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Fannett by property type?
How the Fannett, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $634,000 | $139/sq ft | 2 | 104 days |
Source: Redfin · Updated monthly
The Fannett housing market is currently classified as a leaning buyer's with a median sale price of $634,000. Prices have risen 116.4% compared to last year, with homes spending an average of 104 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Fannett
There are currently 8 homes listed for sale in Fannett, Texas. The median listing price is $472K.
Active listings
8
Homes on market
Median list price
$472K
Avg. days on market
104
Days until sale
New this week
4
Newly listed
Who lives in Fannett?
Population
1,698
Median income
$92,731/yr
Median age
46 years
Owner-occupied
88.6%
College grads
13.2%
Avg commute
28.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Fannett?
Fannett is a community of approximately 2K residents with a median age of 46 years.The median household income is $92,731, which reflects a relatively affluent area with strong earning potential. 13.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 88.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fannett offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Fannett, TX?
Want a head-to-head view? Compare Fannett side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fannett?
The median home sale price in Fannett is $634,000, up 116.4% from last year.
How long do homes stay on market in Fannett?
Homes typically spend 104 days on market before going under contract.
What is the median income in Fannett?
The median household income is $92,731 per year.
Is Fannett a buyer's or seller's market?
With 4.0 months of supply, Fannett is currently a leaning buyer's.
How much does a single-family home cost in Fannett?
The median single-family home price in Fannett, TX is $634,000 (about $139 per square foot).
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