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Featured local agent — Plum Grove, TX
Sarah Mitchell
Compass Real Estate · Plum Grove, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Plum Grove, TX Housing Market
The last median sale price Redfin published was $430,000, +388.6% year over year (through May 2026). With 7.0 months of supply and homes going under contract in about 205 days, Plum Grove is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $430,000 home is about $2,296/mo in principal and interest.
Key numbers for Plum Grove, TX
Median sale price
$430,000
+388.6% year over year
Redfin, through March 2026
Days on market
205
Slow-moving
Redfin, through March 2026
Active listings
7
7.0 months of supply
Redfin, through March 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$70,362
Home costs 6.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
108.9%
Selling above asking
Redfin, through March 2026
Zillow figures 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 Plum Grove a buyer's or seller's market?
Plum Grove, TX is a balanced market, based on 7.0 months of supply and homes selling in about 205 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Plum Grove housing market data show?
Every row below is Redfin's final published month for Plum Grove, TX. Redfin, through March 2026
| Metric | Value |
|---|---|
| Median sale price | $430,000 |
| Median list price | $374,950 |
| Year-over-year price change | +388.6% |
| Median price per sq ft | $140/sq ft |
| Median days on market | 205 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 108.9% |
| Homes sold (that month) | 1 |
| New listings (that month) | 2 |
| Listings with a price cut | 14.3% |
| Market condition | Balanced 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 Plum Grove is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Plum Grove 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 Plum Grove home prices moved?
Across the 36 months we hold for Plum Grove, TX, the median sale price rose 91.1%, from $225,000 in April 2021 to $430,000. 14.3% of Plum Grove listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 7.0 months while the sale-to-list ratio slips below its current 108.9%. Watch those two together — they move before the median does.
Redfin, through March 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Plum Grove?
Priced off the median sale price of $430,000 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $86,000 | $344,000 | $2,296/mo |
| 5% | $21,500 | $408,500 | $2,726/mo |
Redfin, through March 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 $2,296, that implies roughly $98,382 a year before you add taxes and insurance. The median household in Plum Grove earns $70,362, about $28,020 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 6.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Plum Grove in the next 12 months?
Tell us your timeline. We send the Plum Grove market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Plum Grove?
Zillow does not publish a rent index (ZORI) for Plum Grove, TX, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Plum Grove?
Active listings in Plum Grove, TX went from 7 in April 2024 to 7 in March 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| May 2024 | 8 | 2 |
| July 2024 | 9 | 2 |
| August 2024 | 9 | 3 |
| September 2024 | 6 | 2 |
| October 2024 | 4 | not published |
| December 2024 | 5 | 4 |
| January 2025 | 5 | 1 |
| February 2025 | 6 | 2 |
| March 2025 | 9 | 4 |
| November 2025 | 14 | 3 |
| February 2026 | 6 | not published |
| March 2026 | 7 | 2 |
Redfin, through March 2026
How does Plum Grove compare to Texas and the U.S.?
Plum Grove homes sell for $430,000 — 21% above the Texas median of $356,100. Against the national median of $410,700, Plum Grove runs 5% higher. Year-over-year, Plum Grove moved +388.6% against Texas's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Plum Grove, TX | $430,000 | +388.6% | 205 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Plum Grove
What buyers should watch
- Months of supply, currently 7.0. 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 14.3%. 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 $430 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 $430,000 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 Plum Grove listing goes under contract in 205 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 108.9% of asking. Price at the number you want and let competition do the rest.
- In the last published month Plum Grove added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Plum Grove varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Plum Grove
There are currently 7 homes listed for sale in Plum Grove, Texas. The median listing price is $375K.
Active listings
7
Homes on market
Median list price
$375K
Avg. days on market
205
Days until sale
New this week
2
Newly listed
How much do homes cost in Plum Grove by property type?
How the Plum Grove, TX market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $430,000 | $140/sq ft | 1 | 205 days |
Who lives in Plum Grove?
American Community Survey estimates for Plum Grove. U.S. Census ACS, 2023
Population
2,425
Households
603
Median income
$70,362/yr
Median age
20.8 years
Owner-occupied
95.7%
Median home value
$121,800
Median gross rent
$1,216/mo
Mean commute
49.5 min
95.7% of occupied homes in Plum Grove 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.
Which cities are near Plum Grove, TX?
Ordered by distance from Plum Grove, not by size. Compare Plum Grove side by side with any of them.
Plum Grove housing market FAQ
Is Plum Grove a buyer's or seller's market?
Plum Grove, TX is currently a balanced market. That read comes from 7.0 months of supply, homes going under contract in about 205 days, and sellers getting 108.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Plum Grove?
The median sale price in the last month Redfin published was $430,000, about $140 per square foot.
Is Plum Grove cheaper than the rest of Texas?
Plum Grove's median sale price of $430,000 is 21% higher than the Texas statewide median of $356,100, and 5% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Plum Grove?
Homes in Plum Grove, TX spent a median of 205 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 Plum Grove?
At the current 30-year fixed rate of 7.03%, 20% down on a $430,000 home is about $2,296 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $98,382 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $70,362.
Are home prices rising in Plum Grove?
Redfin's last published year-over-year change for Plum Grove, TX was +388.6%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Plum Grove?
Plum Grove 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 Plum Grove?
That depends on your timeline, not on a headline. What the data says today: Plum Grove, TX is a balanced market with 7.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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