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Featured local agent — Forney, TX
Sarah Mitchell
Compass Real Estate · Forney, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Forney, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$347,450median sale price
How is the Forney, TX housing market right now?
The median home sale price in Forney, TX is $347,450, down 7.3% year-over-year. Homes sell in an average of 70 days with 186 active listings. The market is currently a buyer's market. (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 Forney a buyer's or seller's market?
Forney, TX is currently a buyer's market, based on 6.2 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
30
Last 12 weeks
Days on market
70
Average pace
Active listings
186
6.2 months supply
Sale-to-list
98.9%
Below asking
What does the Forney housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $347,450 |
| Median list price | $337,450 |
| Year-over-year price change | -7.3% |
| Average days on market | 70 days |
| Active inventory | 186 listings |
| Months of supply | 6.2 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $145/sq ft |
| Homes sold (latest month) | 30 |
| New listings (latest month) | 50 |
| Listings with a price cut | 36.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Forney by property type?
How the Forney, 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 | $347,450 | $145/sq ft | 30 | 70 days |
Source: Redfin · Updated monthly
The Forney housing market is currently classified as a buyer's market with a median sale price of $347,450. Prices have fallen 7.3% compared to last year, with homes spending an average of 70 days on market, indicating 6.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Forney
There are currently 186 homes listed for sale in Forney, Texas. The median listing price is $337K.
Active listings
186
Homes on market
Median list price
$337K
Avg. days on market
70
Days until sale
New this week
50
Newly listed
Who lives in Forney?
Population
28,222
Median income
$103,360/yr
Median age
32.4 years
Owner-occupied
74.3%
College grads
35.0%
Avg commute
34.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Forney?
Zillow home value
$310,061
Zillow rent index
$1,938/mo
Price-to-rent ratio
13.3x
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Forney?
Forney is a community of approximately 28K residents with a median age of 32.4 years.The median household income is $103,360, which reflects a relatively affluent area with strong earning potential. 35.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Forney offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Forney?
18 schools tracked · 15,795 students
The largest public schools serving Forney, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
NORTH FORNEY H S
Grades 9-12 · 2,434 students
FORNEY H S
Grades 9-12 · 2,351 students
JACKSON MIDDLE
Grades 7-8 · 993 students
RHODES IS
Grades 5-6 · 985 students
WARREN MIDDLE
Grades 7-8 · 927 students
CRISWELL EL
Grades K-4 · 891 students
RHEA INT
Grades 5-6 · 846 students
LEWIS EL
Grades K-4 · 805 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Forney, TX?
Want a head-to-head view? Compare Forney side-by-side with any other U.S. city using our market-comparison tool.
Is Forney a good real estate investment market?
For investors evaluating Forney, the price-to-rent ratio of 13.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 7.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Forney's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Forney's median home price.
Frequently asked questions
What is the average home price in Forney?
The median home sale price in Forney is $347,450, down 7.3% from last year.
How long do homes stay on market in Forney?
Homes typically spend 70 days on market before going under contract.
What is the median income in Forney?
The median household income is $103,360 per year.
Is Forney a buyer's or seller's market?
With 6.2 months of supply, Forney is currently a buyer's market.
What is the Zillow home value estimate for Forney?
The Zillow Home Value Index (ZHVI) for Forney is $310,061, representing the typical home value in the area.
How much does a single-family home cost in Forney?
The median single-family home price in Forney, TX is $347,450 (about $145 per square foot).
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