Housing Prices in Farmers Branch, TX
How much do homes in Farmers Branch, TX cost?
Median List Price
$439,193
$239/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Farmers Branch has increased by 5.2% since last year.
Summary: The median home list price in Farmers Branch was $439,193 in March 2024, up 5.2% from the previous year, and the median price per square foot was $239.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158.9K | $175K | +10.1% |
| 2 Bedrooms | $240K | $234.7K | -2.2% |
| 3 Bedrooms | $390K | $415K | +6.4% |
| 4 Bedrooms | $479.9K | $492.4K | +2.6% |
| 5+ Bedrooms | $772.9K | $998K | +29.1% |
Summary: Farmers Branch housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 29.1%.
Median List Price Compared To Nearby Cities
| Addison | $515K | $575K | +11.7% |
| Dallas | $424.3K | $449.3K | +5.9% |
| Farmers Branch | $417.6K | $439.1K | +5.2% |
| Carrollton | $420K | $436.8K | +4.0% |
| Carrollton | $424.8K | $438.8K | +3.3% |
Housing Supply in Farmers Branch, TX
How many homes are available in Farmers Branch, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 86 | 101 | +17.4% |
Summary: The Farmers Branch real estate market had 101 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 49 | 56 | +14.3% |
| 4 Bedrooms | 25 | 28 | +12.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Farmers Branch housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 28.6%.
Days on Market for Farmers Branch, TX
How long does it take to sell a home in Farmers Branch, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 122 Days | 52 Days | -57.3% |
Summary: Homes in Farmers Branch had an average listing age of 52 days in Mar 2024, down by 57.3% compared to the previous year.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.