$5,130 Closing Credit*
$432,000
2,506 SqFt
3 Beds
•2 Full Baths
Catherine Lee, Listing Office: Briggs Freeman Sotheby's Int'l
Housing Prices in Farmers Branch, TX
How much do homes in Farmers Branch, TX cost?
Median List Price
$419,950
$244/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
-$19,050(-4.3%)
Key Takeaway
The list price of homes in Farmers Branch has decreased by 4.3% since last year.
Summary: The median home list price in Farmers Branch was $419,950 in August 2024, down 4.3% from the previous year, and the median price per square foot was $244.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $190K | +40.7% |
| 2 Bedrooms | $230K | $245K | +6.5% |
| 3 Bedrooms | $427K | $395K | -7.5% |
| 4 Bedrooms | $495K | $597.4K | +20.7% |
| 5+ Bedrooms | $754.2K | $865.4K | +14.7% |
Summary: Farmers Branch housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.7%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 14.7%.
Median List Price Compared To Nearby Cities
| Addison | $540K | $575K | +6.5% |
| Dallas | $426.5K | $451.1K | +5.8% |
| Carrollton | $427.5K | $437.5K | +2.3% |
| Carrollton | $429.9K | $438.8K | +2.1% |
| Farmers Branch | $439K | $419.9K | -4.3% |
Housing Supply in Farmers Branch, TX
How many homes are available in Farmers Branch, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 107 | 113 | +5.6% |
Summary: The Farmers Branch real estate market had 113 homes for sale in August 2024, a 5.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 65 | 71 | +9.2% |
| 4 Bedrooms | 29 | 24 | -17.2% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Farmers Branch housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes increased by 33.3%.
Days on Market for Farmers Branch, TX
How long does it take to sell a home in Farmers Branch, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 91 Days | 68 Days | -25.0% |
Summary: Homes in Farmers Branch had an average listing age of 68 days in Aug 2024, down by 25% compared to the previous year.
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