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Sarah Mitchell

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Compass Real Estate · Mansfield, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Mansfield, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Mansfield, TX Housing Market

Balanced market-1.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Mansfield, TX is worth $443,697, fell 1.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $522,495, +4.5% year over year (through May 2026). With 3.0 months of supply and homes going under contract in about 70 days, Mansfield is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $443,697 home is about $2,369/mo in principal and interest.

Key numbers for Mansfield, TX

Typical home value

$443,697

-1.3% in 12 months

Zillow, August 2026

Typical asking rent

$1,735/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$522,495

+4.5% year over year

Redfin, through May 2026

Days on market

70

Slow-moving

Redfin, through May 2026

Active listings

272

3.0 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$116,590

Home costs 3.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.1%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Mansfield a buyer's or seller's market?

Balanced market3.0 months of supply70 days on market98.1% of asking

Mansfield, TX is a balanced market, based on 3.0 months of supply and homes selling in about 70 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Mansfield housing market data show?

Every row below is Redfin's final published month for Mansfield, TX. Redfin, through May 2026

Housing market statistics for Mansfield, TX, Redfin through May 2026
MetricValue
Median sale price$522,495
Median list price$477,000
Year-over-year price change+4.5%
Median price per sq ft$187/sq ft
Median days on market70 days
Active inventory272 listings
Months of supply3.0 months
Sale-to-list price ratio98.1%
Homes sold (that month)90
New listings (that month)109
Listings with a price cut33.1%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Mansfield is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Mansfield is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Mansfield home prices moved?

Over the last three years the median sale price in Mansfield, TX rose 4.0%, from $502,450 to $522,495. The live Zillow value series has fell 1.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.1% of Mansfield listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 98.1%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Mansfield?

Priced off the typical home value of $443,697 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Mansfield, TX
Down paymentCash at closeLoan amountMonthly P&I
20%$88,739$354,958$2,369/mo
5%$22,185$421,512$2,813/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,369, that implies roughly $101,516 a year before you add taxes and insurance. The median household in Mansfield earns $116,590, about $15,074 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.8x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Mansfield in the next 12 months?

Tell us your timeline. We send the Mansfield market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Mansfield?

Typical asking rent in Mansfield, TX is $1,735/mo, against a typical home value of $443,697. That is a price-to-rent ratio of 21.3x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,369 a month — $633 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Mansfield?

Active listings in Mansfield, TX went from 472 in May 2025 to 272 in May 2026, a -42.4% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Mansfield, TX
MonthActive listingsNew listings
June 2025482158
July 2025493150
August 2025471113
September 2025455115
October 2025439101
November 202539165
December 202534970
January 202632787
February 202631699
March 2026305110
April 2026270111
May 2026272109

Redfin, through May 2026

How does Mansfield compare to Texas and the U.S.?

Mansfield homes sell for $522,495 — 47% above the Texas median of $356,100. Against the national median of $410,700, Mansfield runs 27% higher. Year-over-year, Mansfield moved +4.5% against Texas's +2.1% — a bigger swing than the state as a whole.

Mansfield, TX compared with Texas and the United States
MarketMedian sale priceYoYDays on market
Mansfield, TX$522,495+4.5%70 days
Texas statewide$356,100+2.1%56 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Mansfield

What buyers should watch

  • Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 33.1%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $444 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $443,697 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Mansfield listing goes under contract in 70 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Mansfield added 109 new listings against 90 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -1.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Mansfield varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Mansfield

There are currently 272 homes listed for sale in Mansfield, Texas. The median listing price is $477K. Featured listings range from $120,000 to $715,000.

New Listing
$120,000

7300 Cabot Estates Dr

Mansfield, TX 76063

0 ba
Land1.20 acres

Bilal Omar · SUMMIT, REALTORS

View photos & details
3 bedroom house for sale at 1010 Blue Jay Dr Mansfield 76063 - $270,000
New Listing
16
$270,000

1010 Blue Jay Dr

Mansfield, TX 76063

3 bd2 ba1,197 sqft$226/ft²
House5,184 sqft lot

Lisa Hicks · NextHome on Main

View photos & details
3 bedroom multi-family for sale at 656 Sandiford Ct Mansfield 76063 - $338,599
New BuildPrice Drop −$7K
$338,599

656 Sandiford Ct

Mansfield, TX 76063

3 bd3 ba1,684 sqft$201/ft²
Multi-family
View photos & details
3 bedroom townhouse for sale at 815 Homeplace Cir Mansfield 76063 - $352,990
New Build
33
$352,990

815 Homeplace Cir

Mansfield, TX 76063

3 bd7 ba1,621 sqft$218/ft²
Townhouse
View photos & details
4 bedroom house for sale at 1808 Rybovich Ln Mansfield 76063 - $385,000
New Listing
31
$385,000

1808 Rybovich Ln

Mansfield, TX 76063

4 bd3 ba2,192 sqft$176/ft²
House7,841 sqft lot
View photos & details
4 bedroom house for sale at 8 Whispering Bend Ct Mansfield 76063 - $444,900
New Listing
26
$444,900

8 Whispering Bend Ct

Mansfield, TX 76063

4 bd3 ba2,808 sqft$158/ft²
House8,102 sqft lot
View photos & details
4 bedroom house for sale at 705 Audrey Ln Mansfield 76063 - $525,000
New Listing
40
$525,000

705 Audrey Ln

Mansfield, TX 76063

4 bd3 ba2,794 sqft$188/ft²
House8,886 sqft lot
View photos & details
4 bedroom house for sale at 2201 Phoebe Ct Mansfield 76063 - $647,950
New Build
29
$647,950

2201 Phoebe Ct

Mansfield, TX 76063

4 bd4 ba3,319 sqft$195/ft²
House
View photos & details
4 bedroom house for sale at 2601 Rileigh Ln Mansfield 76063 - $649,665
New BuildPrice Drop −$10K
40
$649,665

2601 Rileigh Ln

Mansfield, TX 76063

4 bd4 ba3,536 sqft$184/ft²
House12,197 sqft lot
View photos & details
4 bedroom house for sale at 2306 Flock Dr Mansfield 76063 - $651,950
New Build
29
$651,950

2306 Flock Dr

Mansfield, TX 76063

4 bd4 ba3,189 sqft$204/ft²
House
View photos & details
4 bedroom house for sale at 2101 Phoebe Dr Mansfield 76063 - $664,950
New Build
29
$664,950

2101 Phoebe Dr

Mansfield, TX 76063

4 bd4 ba3,179 sqft$209/ft²
House
View photos & details
4 bedroom house for sale at 2902 Neidman Dr Mansfield 76063 - $715,000
New Listing
33
$715,000

2902 Neidman Dr

Mansfield, TX 76063

4 bd4 ba3,099 sqft$231/ft²
House8,102 sqft lot
View photos & details

Looking to buy in Mansfield?

Get connected with a local real estate expert — free, no obligation.

Active listings

272

Homes on market

Median list price

$477K

Avg. days on market

70

Days until sale

New this week

109

Newly listed

Price drops:33.1%of listings
Sale-to-list:98.1%

How much do homes cost in Mansfield by property type?

How the Mansfield, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Mansfield, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$529,276$185/sq ft8770 days
Condo / co-op$465,000$208/sq ft1274 days
Townhouse$368,945$217/sq ft2156 days

Who lives in Mansfield?

American Community Survey estimates for Mansfield. U.S. Census ACS, 2023

Population

75,398

Households

24,796

Median income

$116,590/yr

Median age

36.4 years

Owner-occupied

72.4%

Median home value

$380,000

Median gross rent

$1,798/mo

Mean commute

28.3 min

72.4% of occupied homes in Mansfield are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $380,000 against Zillow's $443,697 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,798/mo, below Zillow's $1,735/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Mansfield?

29 schools tracked · 23,247 students

The largest public schools serving Mansfield, 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.

MANSFIELD LAKE RIDGE H S

Grades 9-12 · 2,772 students

Public

MANSFIELD H S

Grades 9-12 · 2,593 students

Public

MANSFIELD LEGACY H S

Grades 9-12 · 2,539 students

Public

ALMA MARTINEZ INT

Grades 5-6 · 968 students

Public

CHARLENE MCKINZEY MIDDLE

Grades 7-8 · 964 students

Public

BROOKS WESTER MIDDLE

Grades 6-8 · 923 students

Public

LINDA JOBE MIDDLE

Grades 7-8 · 842 students

Public

DONNA SHEPARD ACADEMY

Grades 5-6 · 821 students

Public

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 Mansfield, TX?

Ordered by distance from Mansfield, not by size. Compare Mansfield side by side with any of them.

Which ZIP codes are in Mansfield?

These are the ZIP codes we see on active Mansfield listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Mansfield housing market FAQ

Is Mansfield a buyer's or seller's market?

Mansfield, TX is currently a balanced market. That read comes from 3.0 months of supply, homes going under contract in about 70 days, and sellers getting 98.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Mansfield?

The typical home in Mansfield, TX is worth $443,697 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $522,495, about $187 per square foot.

Is Mansfield cheaper than the rest of Texas?

Mansfield's median sale price of $522,495 is 47% higher than the Texas statewide median of $356,100, and 27% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Mansfield?

Homes in Mansfield, TX spent a median of 70 days on market before going under contract, versus 56 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Mansfield?

At the current 30-year fixed rate of 7.03%, 20% down on a $443,697 home is about $2,369 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $101,516 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $116,590.

Are home prices rising in Mansfield?

The typical home value in Mansfield, TX fell 1.3% over the last 12 months, from $449,563 to $443,697 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Mansfield?

Mansfield ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Mansfield?

That depends on your timeline, not on a headline. What the data says today: Mansfield, TX is a balanced market with 3.0 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 21.3x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.