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Featured local agent — Ovilla, TX
Sarah Mitchell
Compass Real Estate · Ovilla, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ovilla, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$488,500median sale price
How is the Ovilla, TX housing market right now?
The median home sale price in Ovilla, TX is $488,500, down 9.5% year-over-year. Homes sell in an average of 127 days with 33 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 Ovilla a buyer's or seller's market?
Ovilla, TX is currently a buyer's market, based on 5.5 months of supply and homes selling in about 127 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
127
Average pace
Active listings
33
5.5 months supply
Sale-to-list
97.2%
Below asking
What does the Ovilla housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $488,500 |
| Median list price | $694,950 |
| Year-over-year price change | -9.5% |
| Average days on market | 127 days |
| Active inventory | 33 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $188/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 12 |
| Listings with a price cut | 18.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Ovilla by property type?
How the Ovilla, 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 | $488,500 | $188/sq ft | 6 | 127 days |
Source: Redfin · Updated monthly
The Ovilla housing market is currently classified as a buyer's market with a median sale price of $488,500. Prices have fallen 9.5% compared to last year, with homes spending an average of 127 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 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Ovilla
There are currently 33 homes listed for sale in Ovilla, Texas. The median listing price is $695K.
Active listings
33
Homes on market
Median list price
$695K
Avg. days on market
127
Days until sale
New this week
12
Newly listed
Who lives in Ovilla?
Population
4,239
Median income
$125,777/yr
Median age
44.1 years
Owner-occupied
92.1%
College grads
46.9%
Avg commute
36 min
Source: U.S. Census Bureau ACS
What are homes worth in Ovilla?
Zillow home value
$506,671
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Ovilla?
Ovilla is a community of approximately 4K residents with a median age of 44.1 years.The median household income is $125,777, which reflects a relatively affluent area with strong earning potential. 46.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 92.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 36 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Ovilla offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ovilla?
1 schools tracked · 674 students
The largest public schools serving Ovilla, 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.
DOLORES MCCLATCHEY EL
Grades PK-5 · 674 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 Ovilla, TX?
Want a head-to-head view? Compare Ovilla side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ovilla?
The median home sale price in Ovilla is $488,500, down 9.5% from last year.
How long do homes stay on market in Ovilla?
Homes typically spend 127 days on market before going under contract.
What is the median income in Ovilla?
The median household income is $125,777 per year.
Is Ovilla a buyer's or seller's market?
With 5.5 months of supply, Ovilla is currently a buyer's market.
What is the Zillow home value estimate for Ovilla?
The Zillow Home Value Index (ZHVI) for Ovilla is $506,671, representing the typical home value in the area.
How much does a single-family home cost in Ovilla?
The median single-family home price in Ovilla, TX is $488,500 (about $188 per square foot).
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