Farmers Branch, TX

Buyer's market-20.4% YoY

Housing market overview · Updated weekly

$400,000median sale price

Homes sold

15

Last 12 weeks

Days on market

68

Average pace

Active listings

87

5.8 months supply

Sale-to-list

95.1%

Below asking

The Farmers Branch housing market is currently classified as a buyer's market with a median sale price of $400,000. Prices have fallen 20.4% compared to last year, with homes spending an average of 68 days on market, indicating 5.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Farmers Branch

There are currently 87 homes listed for sale in Farmers Branch, Texas. The median listing price is $510K.

Active listings

87

Homes on market

Median list price

$510K

Avg. days on market

68

Days until sale

New this week

35

Newly listed

Price drops:25.3%of listings
Sale-to-list:95.1%

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Frequently asked questions

What is the average home price in Farmers Branch?

The median home sale price in Farmers Branch is $400,000, down 20.4% from last year.

How long do homes stay on market in Farmers Branch?

Homes typically spend 68 days on market before going under contract.

Is Farmers Branch a buyer's or seller's market?

With 5.8 months of supply, Farmers Branch is currently a buyer's market.

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