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By the Numbers

Real Estate Market Update

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Caddo Mills, TX

MEDIAN SALES PRICE

$312,490

MEDIAN SALES PRICE

CLOSED SALES

29

CLOSED SALES

ACTIVE LISTINGS

130

ACTIVE LISTINGS

MONTHS INVENTORY

5.7

MONTHS INVENTORY

JUMP TO: DFW Market Update | For Sellers | For Buyers | City Updates | Neighborhood Updates

 

Caddo Mills, TX Real Estate Market Snapshot – May 2025

Latest Update: June 11, 2025

📊 Key Highlights This Month:
• Median sales price: $312,490 (▼0.4%)
• Median price per square foot: $140 (▼9.7%)
• Median days on market: 59 (▲7.3%)
• Sale-to-original list price: 92.0% (▼5.3%)
• Homes for sale: 130 (▲21.5%)
• New listings: 31 (▼42.6%)
• Pending sales: 23 (▼25.8%)
• Closed sales: 29 (▼17.1%)

🏠 Home Prices: Holding, but Down Slightly

The median sales price in Caddo Mills was $312,490 in May 2025, down just 0.4% from last year. However, the median price per square foot fell more significantly to $140 (▼9.7%), suggesting that price adjustments are being made to compete in a slower market. Affordability remains strong, particularly compared to surrounding DFW suburbs.

📉 Activity Slows While Inventory Rises

Inventory continues to build, with 130 active listings on the market (▲21.5%), pushing months of inventory to 5.7 — a clear shift toward a more buyer-friendly environment. At the same time, new listings dropped sharply (▼42.6%), and pending sales were down 25.8%. Closed sales declined 17.1% YoY, indicating slower movement across the board.

⏱ Longer Market Time and Price Negotiation

Homes in Caddo Mills are now spending a median of 59 days on the market — up slightly year-over-year. The close-to-original list price ratio has declined to 92.0%, showing buyers are successfully negotiating on price. Sellers need to adjust strategy accordingly in this shifting environment.

What Sellers Need to Know

  • Competition is growing: 130 homes on market means you need strong pricing and presentation.
  • Expect negotiation: Sale-to-list price ratio dropped to 92% — pricing too high may backfire.
  • Market times are longer: Plan for around 2 months to secure a contract.
  • Fewer buyers active: Pending sales dropped nearly 26% — staging and marketing are key.
  • Be market-ready: Fewer new listings means well-prepared homes still stand out.

What Buyers Need to Know

  • Strong inventory levels: You’ll have more options in May than you did last year.
  • Leverage is shifting: Buyers are paying 8% under list price on average.
  • Less pressure to act fast: Homes are sitting longer — take time to compare.
  • Prices are stable: Home values are holding despite less competition.
  • Great timing for move-up buyers: Negotiation room and inventory both favor you.

📊 Data Source: North Texas Real Estate Information Systems (NTREIS) Trends© 2025. Sales data is deemed reliable but not guaranteed. Market insights prepared by The Dunnican Team at Coldwell Banker Apex, Realtors®.

 

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Caddo Mills Real Estate Overview

Quiet Country Living Just a Short Drive from the Dallas Metroplex

About Caddo Mills, TX

Tucked away in Hunt County, just northeast of Royse City, Caddo Mills offers a lifestyle that’s increasingly hard to find in North Texas—peaceful country living within easy reach of urban convenience. Located just off Interstate 30, Caddo Mills provides a direct route to Greenville, Rockwall, and Dallas, making it an appealing choice for buyers who want open land and elbow room without giving up access to employment centers, shopping, or major highways.

This close-knit community is known for its small-town values, wide-open skies, and strong support of local schools and businesses. It’s a place where front porches matter, neighbors look out for one another, and life tends to move at a slower, more intentional pace. Caddo Mills is especially attractive to those seeking a simpler lifestyle, whether it’s raising animals, building a shop or barn, or simply enjoying a sunset without the sound of traffic.

Homes and Land for Sale in Caddo Mills

The Caddo Mills real estate market offers a wide variety of property types, with a focus on space, privacy, and versatility. Whether you're searching for land to build on or a move-in ready home with acreage, you'll find options that meet your needs and budget.

Property types include:

  • Established homes on larger lots, often with mature trees, workshops, or barns

  • New construction in emerging subdivisions, with custom and semi-custom options

  • Acreage tracts perfect for homesteading, horses, or future development

  • Barndominiums and shop homes that offer flexibility for both living and working

  • Custom-built estate homes with high-end finishes and expansive outdoor spaces

Buyers are often drawn to the freedom Caddo Mills provides—fewer restrictions, more land for the money, and the ability to create a lifestyle that city living simply can’t offer.

Why Buyers Choose Caddo Mills

Caddo Mills appeals to a wide range of buyers—from first-time rural homeowners to retirees looking to downsize to land, and even commuters who are tired of the fast pace and limited space of the suburbs. It’s also a popular destination for buyers relocating from out of state who are looking for space to spread out and invest in long-term value.

Key benefits include:

  • Highly rated schools in Caddo Mills ISD, known for small class sizes and strong community involvement

  • Affordable land and homes, especially compared to neighboring Collin and Rockwall counties

  • Room for livestock, gardens, and outdoor hobbies, thanks to larger lot sizes and fewer HOA restrictions

  • Proximity to Lake Tawakoni and other recreational areas for fishing, boating, and weekend fun

  • A relaxed pace of life with modern access to Rockwall, Rowlett, and downtown Dallas

For buyers seeking the Texas dream of land, privacy, and possibility, Caddo Mills continues to be a hidden gem.

Your Experts in Caddo Mills Real Estate

Buying or selling in a rural market like Caddo Mills requires agents who understand the nuances of land-based transactions, septic and well systems, ag exemptions, and custom construction timelines. That’s where Cindy and Cory Dunnican shine. As founders of The Dunnican Team at Coldwell Banker Apex, Realtors®, they bring years of experience in acreage properties, farm and ranch real estate, and rural home marketing.

From understanding deed restrictions and utility access to advising on resale potential and construction feasibility, Cindy and Cory offer more than just market knowledge—they bring true boots-on-the-ground experience. Whether you're buying your first piece of land, building your dream home, or selling a rural property, you’ll have a team that knows the local terrain—literally and figuratively.

Selling A Home in CAddo Mills?

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