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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 Fairview, TX

MEDIAN SALES PRICE

$500,000

MEDIAN SALES PRICE

CLOSED SALES

19

CLOSED SALES

ACTIVE LISTINGS

62

ACTIVE LISTINGS

MONTHS INVENTORY

4.6

MONTHS INVENTORY

The Dunnican Team

Fairview, TX Housing Market Update

Fairview's May 2026 headline — a 44.9% median price decline to $500,000 — requires context. With 19 closed sales, the reported drop almost certainly reflects a shift in which properties closed this month versus May 2025, not a true market-wide erosion. The 95.8% close/list ratio and 4.6 months of supply are the more reliable indicators: sellers pricing accurately are closing near ask, and the market is broadly balanced. Nineteen closings (up 137.5% from May 2025's 8) further supports the mix-shift explanation.

FAIRVIEW, TX HOUSING MARKET UPDATE – MAY 2026

Fairview Housing Market Update | Reporting Period: May 1–31, 2026 • Data via NTREIS

Small Sample Notice: 19 closings were recorded in Fairview during May 2026. With a limited transaction count, monthly figures can shift meaningfully based on a handful of sales. Interpret all data with appropriate caution.

The most important interpretive note for Fairview's May 2026 data: the reported 44.9% median price decline is almost certainly a mix-shift artifact, not a true market-wide value erosion. With 19 closed sales, which specific properties happened to close in May 2026 versus May 2025 can produce dramatic median swings — particularly in a community where the price range spans mid-$300Ks to well over $1M. The 95.8% close/list ratio — one of the stronger readings in this report — is fundamentally inconsistent with a genuine 44.9% market-wide decline. This context is essential before reading any other figure.

Key Highlights | Fairview Housing Market Update

  • Median Sold Price: $500,000 (−44.9% reported — almost certainly a mix-shift artifact; see below)
  • Closed Sales: 19 (+137.5% YoY from a base of 8)
  • Active Listings: 62 (+5.1% YoY)
  • Months of Inventory: 4.6 (essentially unchanged from May 2025)
  • Sale-to-List Price Ratio: 95.8%
  • Days on Market: 36 (up 22 days from May 2025)
  • Days to Close: 32 (6 days faster than May 2025)
  • Median Price Per Sq Ft: $256.94 (−10.7% YoY)
  • Most Active Price Range: $300K–$399K (31.6%) with $1M+ at 26.3% — wide price distribution

PRICING & MARKET CONTEXT
The reported median sold price in Fairview was $500,000 in May 2026, down a reported 44.9% from May 2025. This headline decline is almost certainly a mix-shift artifact: May 2025 closings were heavily weighted toward Fairview's upper price tier, while May 2026's 19 closings included more mid-range properties — as evidenced by the 31.6% share in the $300K–$399K band alongside 26.3% in $1M+. The 95.8% close/list ratio is the most reliable operational indicator — sellers are receiving 95.8 cents on the list dollar, which is entirely inconsistent with a true 44.9% market-wide value erosion. Price per square foot fell 10.7% to $256.94, a directional figure that reflects both the mix shift and some genuine market adjustment.

SALES ACTIVITY & INVENTORY
Nineteen homes closed in Fairview in May 2026, up 137.5% from May 2025's 8 closings. More properties transacted at a wider range of price points — further supporting the mix-shift explanation for the median decline. Active listings grew modestly (+5.1% to 62), producing 4.6 months of supply, essentially unchanged at +0.1 months. Homes averaged 36 days on market (up 22 days from last year) and the total pipeline was 68 days (+16 days year over year).

What Sellers Need to Know

  • The 44.9% median price decline is a data artifact — the 95.8% close/list ratio is the metric that tells you what buyers are actually paying relative to asking price.
  • Price from current comparable sales at your specific price tier — not from this month's distorted aggregate median. A current CMA is essential in Fairview's wide-range market.
  • 4.6 months of supply is balanced territory. The 95.8% close/list ratio means buyers aren't deeply discounting — sellers who price accurately are seeing solid outcomes.
  • Plan for a 36-day pre-contract window and 68-day total pipeline. The DOM extended 22 days from last year — quality first impression and accurate pricing compress this gap.

What Buyers Need to Know

  • The 44.9% median decline is a mix-shift artifact — do not use this figure to gauge your offer position. Work from a property-specific comparable sales analysis.
  • 4.6 months of supply gives you meaningful selection and time in this upper-tier Collin County community. Use both for thorough due diligence.
  • The 95.8% close/list ratio means sellers are holding near asking price. Structure your offer with a strong comparable sales analysis, not an aggressive discount from a distorted median.
  • Fairview's price range spans from mid-$300Ks to well over $1M. Understand the micro-market dynamics of your specific target price tier — they differ significantly across this range.

Fairview's May 2026 data requires more interpretive context than most markets in this report. The core operational message is this: sellers who price accurately are achieving 95.8% of their asking price in a balanced market with 4.6 months of supply. The 36-day DOM and 68-day total pipeline are manageable. Buyers benefit from meaningful selection across Fairview's wide price range and have room to be deliberate. The reported median is not a reliable reference point for either side — rely on property-specific comparable sales with a local agent.

Questions about the Fairview market?

The Dunnican Team at Coldwell Banker Apex specializes in Fairview and the surrounding North Texas market. Whether you're buying, selling, or monitoring your home's value, we can walk you through what the current data means for your specific situation. Call us at 972-679-1789 or visit thedunnicanteam.com.

Source: Texas REALTORS® MarketViewer (NTREIS/MetroTex Association), reporting period May 1–31, 2026.

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Fairview Housing Market — Frequently Asked Questions

What is the median home price in Fairview, TX right now?

May 2026 data reports a median of $500,000 based on 19 closed sales — down a reported 44.9% from May 2025. This large decline is almost certainly a mix-shift artifact: May 2025's closings skewed toward Fairview's upper price tier, while May 2026's 19 closings included more mid-range properties. The 95.8% close/list ratio is inconsistent with a genuine 44.9% market-wide value decline.

Is Fairview a buyer's market or seller's market in 2026?

Fairview sits in balanced territory at 4.6 months of supply — essentially unchanged from a year ago. The 95.8% close/list ratio indicates sellers retain pricing credibility, while the 36-day DOM and modest inventory growth give buyers more time and selection.

How long does it take to sell a home in Fairview, TX?

In May 2026, Fairview homes averaged 36 days on market before going under contract, then 32 days to close — a total of 68 days from listing to closing. That's 16 days longer than May 2025.

Why did Fairview's median price appear to drop nearly 45%?

The 44.9% reported median price decline almost certainly reflects a mix-shift in which homes closed, not a true market-wide value erosion. May 2025 closings were heavily weighted toward Fairview's upper price tier, while May 2026's 19 closings included more mid-range properties. The 95.8% close/list ratio is the key counter-evidence.

How many homes are for sale in Fairview, TX right now?

There were 62 active listings in Fairview in May 2026, up 5.1% from a year ago. At 4.6 months of supply, buyers have solid selection in this upper-tier Collin County community.

Fairview Real Estate Overview

Understated Luxury, Exceptional Schools, and One of Collin County's Best-Kept Secrets

About Fairview, TX

Fairview doesn't get the attention it deserves. Tucked between Allen to the west and McKinney to the north along US-75, this small Collin County city of roughly 10,000 residents has quietly built one of the most desirable residential profiles in the entire metroplex — large lots, custom homes, top-tier schools, and virtually no commercial noise to speak of. There are no big-box retail corridors running through Fairview. There's no dense apartment development creeping along the major roads. What there is, consistently, is space.

Fairview incorporated in 1958 but grew primarily through the 1990s and 2000s as Collin County's development wave moved north. The result is a city that looks and feels deliberate — neighborhoods here were planned with lot sizes and architectural standards in mind, and it shows. Drive through Fairview's established sections and you'll see homes sitting on half-acre to two-acre lots with mature trees, circular drives, and the kind of landscape that takes years to develop.

For buyers comparing Fairview to Allen or Plano, the conversation often comes down to one thing: how much land do you want? Fairview consistently delivers more of it.

Homes for Sale in Fairview, TX

Fairview's housing market skews toward the upper end of the Collin County range. The city has relatively few starter homes — the inventory here is dominated by custom and semi-custom builds on larger lots, with pricing that reflects both the land and the school district access.

Property types include:

Custom estate homes on half-acre to two-plus-acre lots, with high-end finishes, private pools, and the kind of outdoor living space that simply doesn't exist at this price point in closer-in suburbs

Semi-custom homes in planned communities like Stonebridge Ranch's Fairview sections, where architectural standards are enforced and neighbors take pride in the result

Luxury resale homes in established neighborhoods, many of which were built in the early 2000s and have been maintained and updated by long-term owners

New construction on remaining infill lots, where builders target the move-up buyer with modern floor plans and elevated finishes in the $700k–$1.2M range

The heart of Fairview's market lives in the $600k–$950k range, though properties well above and below that figure trade regularly. Inventory is typically limited — Fairview is a city where homes don't sit long when they're priced honestly.

Why Buyers Are Choosing Fairview

The buyers who end up in Fairview usually found it while searching for something else — more land, less congestion, or a quieter version of Collin County — and then realized they'd found exactly what they were looking for.

Top reasons buyers are making the move:

Allen ISD schools, the same highly regarded district serving Allen to the south, with consistent academic and extracurricular performance that draws families from across the metro

Lot sizes that give you room to actually live outdoors — a meaningful backyard, separation from neighbors, and the ability to add a pool, guest structure, or sport court without variance requests

Low traffic and low density, in a city that has made a deliberate choice to prioritize residential quality over commercial tax base

Proximity to McKinney's thriving retail and dining scene on US-75 without having to live in McKinney's faster-growing, more congested environment

A community where long-term homeownership is the norm — Fairview doesn't have significant rental or investor activity, which means your neighbors are invested in the neighborhood the same way you are

Your Local Experts in Fairview Real Estate

Cindy and Cory Dunnican of The Dunnican Team at Coldwell Banker Apex, Realtors® have served buyers and sellers across Collin County for more than 25 years. Fairview's market requires an agent who understands custom home valuation, lot premium analysis, and how to position a property that isn't easily compared to a neighbor's — because in Fairview, every home is a little different. That's exactly the kind of work they do well.

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