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Forney Real Estate Market Update
Latest Update: May 8, 2025
📊 Key Highlights This Month:
• Median price up 6.1% to $349,950
• Closed sales down 35.0% YoY
• Homes taking 134 days to close — up 41 days from April 2024
🏠 Home Prices: Growth Despite Fewer Sales
The median home price in Forney rose to $349,950 in April 2025 — a 6.1% year-over-year increase. While demand cooled slightly, prices continue to rise thanks to a steady influx of new construction and buyer interest in the area’s affordability and growth potential.
📈 Sales Fall While Inventory Tightens
Closed sales declined sharply to 76 homes (▼ 35.0% YoY), while active listings fell to 341 (▼ 7.6%). Months of inventory eased to 3.9, creating a more balanced landscape where both buyers and sellers can benefit from thoughtful negotiation.
⏱ Sales Taking Longer to Close
Days on Market: 98 (up 39 days YoY)
Days to Close: 36 (up 2 days)
Total Transaction Time: 134 days (up 41 days YoY)
Additional stats: Median price per square foot: $165.97 (▼ 0.9%)
Median home size: 2,243 sq ft
Median year built: 2019
Close-to-original list price ratio: 92.8%
What Sellers Need to Know
- ✅ Prices are still rising: Median value is up 6.1% YoY — a strong position in a slower market.
- ✅ Sales pace is down: Fewer closings mean your home needs to stand out with updates and accurate pricing.
- ✅ Plan ahead: The average transaction is taking 134 days from list to close.
- ✅ Buyer negotiation is likely: Close-to-list ratio is 92.8% — price accordingly.
- ✅ Newer homes dominate: Median build year is 2019 — make sure your home is move-in ready.
What Buyers Need to Know
- ✅ Affordability remains a strength: Forney offers spacious homes at under $350K median pricing.
- ✅ More time to decide: Homes are sitting longer — take advantage of longer DOM.
- ✅ Prices are rising: Don’t wait too long if you find the right fit — prices are still trending upward.
- ✅ New construction is common: With a median year built of 2019, most homes are newer and low maintenance.
- ✅ Negotiate smartly: Sellers are more flexible — the list-to-close gap offers opportunity.
📍 Market Updates by City
Click your city to explore local market trends, including pricing shifts, inventory changes, and what it means for buyers and sellers.
© 2025 Texas REALTORS® – Data used in this report come from the Texas REALTOR® Data Relevance Project, a partnership among Texas REALTORS® and local REALTOR® associations throughout the state. Analysis provided through a research agreement with the Real Estate Center at Texas A&M University.
