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Featured local agent — Lavon, TX
Sarah Mitchell
Compass Real Estate · Lavon, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lavon, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$351,500median sale price
How is the Lavon, TX housing market right now?
The median home sale price in Lavon, TX is $351,500, down 1.9% year-over-year. Homes sell in an average of 63 days with 153 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 Lavon a buyer's or seller's market?
Lavon, TX is currently a buyer's market, based on 5.5 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
28
Last 12 weeks
Days on market
63
Average pace
Active listings
153
5.5 months supply
Sale-to-list
98.0%
Below asking
What does the Lavon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $351,500 |
| Median list price | $379,990 |
| Year-over-year price change | -1.9% |
| Average days on market | 63 days |
| Active inventory | 153 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 28 |
| New listings (latest month) | 47 |
| Listings with a price cut | 36.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lavon by property type?
How the Lavon, 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 | $349,999 | $163/sq ft | 27 | 55 days |
Source: Redfin · Updated monthly
The Lavon housing market is currently classified as a buyer's market with a median sale price of $351,500. Prices have fallen 1.9% compared to last year, with homes spending an average of 63 days on market, indicating 5.5 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 2.6x provides context for how home values compare to local earning capacity.
Homes for sale in Lavon
There are currently 153 homes listed for sale in Lavon, Texas. The median listing price is $380K.
Active listings
153
Homes on market
Median list price
$380K
Avg. days on market
63
Days until sale
New this week
47
Newly listed
Who lives in Lavon?
Population
5,624
Median income
$132,778/yr
Median age
32.9 years
Owner-occupied
86.4%
College grads
37.0%
Avg commute
34.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Lavon?
Zillow home value
$347,933
Zillow rent index
$2,212/mo
Price-to-rent ratio
13.1x
Price-to-income
2.6x
Source: Zillow Research
What is it like to live in Lavon?
Lavon is a community of approximately 6K residents with a median age of 32.9 years.The median household income is $132,778, which reflects a relatively affluent area with strong earning potential. 37.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 86.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lavon offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lavon?
1 schools tracked · 590 students
The largest public schools serving Lavon, 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.
NESMITH EL
Grades PK-5 · 590 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 Lavon, TX?
Want a head-to-head view? Compare Lavon side-by-side with any other U.S. city using our market-comparison tool.
Is Lavon a good real estate investment market?
For investors evaluating Lavon, the price-to-rent ratio of 13.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 1.9% 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 Lavon's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lavon's median home price.
Frequently asked questions
What is the average home price in Lavon?
The median home sale price in Lavon is $351,500, down 1.9% from last year.
How long do homes stay on market in Lavon?
Homes typically spend 63 days on market before going under contract.
What is the median income in Lavon?
The median household income is $132,778 per year.
Is Lavon a buyer's or seller's market?
With 5.5 months of supply, Lavon is currently a buyer's market.
What is the Zillow home value estimate for Lavon?
The Zillow Home Value Index (ZHVI) for Lavon is $347,933, representing the typical home value in the area.
How much does a single-family home cost in Lavon?
The median single-family home price in Lavon, TX is $349,999 (about $163 per square foot).
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