Housing Prices in Farmers Branch, TX
How much do homes in Farmers Branch, TX cost?
Median List Price
$429,000
$240/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Farmers Branch has decreased by 1.4% since last year.
Summary: The median home list price in Farmers Branch was $429,000 in May 2024, down 1.4% from the previous year, and the median price per square foot was $240.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.4K | $190K | +24.6% |
| 2 Bedrooms | $227.5K | $239K | +5.1% |
| 3 Bedrooms | $425K | $398.9K | -6.1% |
| 4 Bedrooms | $495K | $500K | +1.0% |
| 5+ Bedrooms | $756.9K | $925K | +22.2% |
Summary: Farmers Branch housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 22.2%.
Median List Price Compared To Nearby Cities
| Addison | $525K | $586.2K | +11.7% |
| Dallas | $425.2K | $463.3K | +9.0% |
| Carrollton | $425K | $448K | +5.4% |
| Carrollton | $424.9K | $445.3K | +4.8% |
| Farmers Branch | $434.9K | $429K | -1.4% |
Housing Supply in Farmers Branch, TX
How many homes are available in Farmers Branch, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 107 | 119 | +11.2% |
Summary: The Farmers Branch real estate market had 119 homes for sale in May 2024, a 11.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 65 | 67 | +3.1% |
| 4 Bedrooms | 29 | 33 | +13.8% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Farmers Branch housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 60%.
Days on Market for Farmers Branch, TX
How long does it take to sell a home in Farmers Branch, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 104 Days | 58 Days | -44.6% |
Summary: Homes in Farmers Branch had an average listing age of 58 days in May 2024, down by 44.6% compared to the previous year.
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