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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 Lavon, TX

MEDIAN SALES PRICE

$369,950

MEDIAN SALES PRICE

CLOSED SALES

62

CLOSED SALES

ACTIVE LISTINGS

246

ACTIVE LISTINGS

MONTHS INVENTORY

4.0

MONTHS INVENTORY

Caddo Mills, TX Real Estate Market Snapshot – May 2025

Latest Update: June 2025

📊 Key Highlights This Month:
• Median home price down 2.1% year-over-year
• $170 median price per square foot (▼ 4.5%)
• Inventory: 246 homes for sale (▲ 24.2%)
• Months of supply: 4.0 (▼ 35.5%)
• Days on market: 80
• Closed sales up 26.5% vs. May 2024

🏠 Pricing Trends: Slight Softening, More Sales

The median sales price in Caddo Mills dipped slightly to $369,950, reflecting a 2.1% decrease compared to May 2024. Despite softer pricing, closed sales rose to 62 homes — a 26.5% increase year-over-year, signaling continued buyer activity in this affordable acreage-friendly market.

📦 Inventory & Buyer Activity: Shift Toward Balance

Active listings climbed to 246 homes, a 24.2% increase from last year. Surprisingly, months of inventory dropped to 4.0 (▼ 35.5%), suggesting demand is still outpacing new supply. Meanwhile, pending sales are up 20.5%, while new listings fell 12.2%, which could tighten competition heading into summer.

⏱ Market Pace: Slower But Steady

Homes spent a median of 80 days on the market in May 2025, a 23.1% increase over last year. The average home sold for 94.7% of its original list price, down slightly from last year, confirming that buyers are negotiating and sellers may need to be more flexible.

What Sellers Need to Know

  • More competition: Inventory is up 24.2%—you’ll need to stand out with pricing, photos, and condition.
  • Longer timelines: Median DOM is 80 days—prepare for a slower sale than last spring.
  • Strong buyer interest: Closed sales are up 26.5%, so buyers are still out there—but more selective.
  • Price strategy matters: Homes are selling at 94.7% of original list—overpricing will cost you time and money.
  • Showcase upgrades: Move-in ready homes with acreage or outbuildings continue to draw interest.

What Buyers Need to Know

  • Inventory is growing: With 246 homes on the market, you have more choices—especially with acreage or land.
  • Negotiation power: Sellers are accepting 94.7% of list price on average—don’t be afraid to negotiate.
  • Fewer new listings: New inventory is down—act quickly if you find the right property.
  • Slower market pace: More time to evaluate options, but competition is still active on well-priced listings.
  • Plan for land: If you’re buying a home with acreage, factor in fencing, utilities, and animal-ready features.

Source: MLS data via North Texas Real Estate Information Services (NTREIS), May 2025. Data deemed reliable but not guaranteed.

 

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Lavon Real Estate Overview

Affordable Homes and Open Spaces Near Lake Lavon

About Lavon, TX

Nestled in Collin County, just east of Wylie and north of Rockwall, Lavon is a fast-growing town that offers the kind of space and serenity that’s increasingly hard to find in the DFW Metroplex. With a population that’s still small but steadily rising, Lavon strikes the perfect balance between quiet country charm and convenient access to city amenities.

Named after the nearby Lake Lavon, the town is beloved for its open skies, wide lots, and relaxed pace of life. It’s a place where you can still find affordable homes, connect with your neighbors, and enjoy outdoor recreation just minutes from your doorstep. Yet, with Highway 78 running right through town, Lavon also offers easy commutes to Garland, Plano, Richardson, and other major employment corridors—making it especially attractive to buyers looking for value and flexibility.

Homes for Sale in Lavon, TX

Lavon’s real estate market offers a compelling mix of price points, property types, and lifestyle options. Whether you’re drawn to new construction in family-friendly neighborhoods or want space to spread out on your own land, Lavon has something for nearly every kind of buyer.

Property options include:

  • Affordable homes in newer subdivisions, perfect for first-time buyers or downsizers

  • Custom homes on acreage, ideal for those wanting space for animals, workshops, or gardening

  • Budget-friendly resale homes with established trees and a sense of community

  • Master-planned developments, such as Grand Heritage, offering amenities like pools, clubhouses, and walkable streetscapes

As neighboring cities grow more expensive, Lavon has become a go-to destination for buyers seeking more square footage, more yard space, and fewer restrictions—without compromising access to schools, shopping, or highways.

Why Homebuyers Choose Lavon

Lavon appeals to those looking for a simpler, quieter lifestyle—without feeling disconnected. The town’s proximity to Lake Lavon means weekend fun is just around the corner, with boating, fishing, kayaking, and hiking readily available. Families appreciate the strong sense of safety and community, while outdoor lovers enjoy the natural beauty that surrounds the area.

What makes Lavon stand out:

  • Small-town friendliness with a growing mix of new development and rural properties

  • Close access to Lake Lavon, a popular destination for fishing, boating, and outdoor recreation

  • Lower property taxes and more home for your money compared to nearby Collin County suburbs

  • Easy commutes via Highway 78 to Garland, Wylie, and North Dallas

  • A community that supports a slower pace of life, while still preparing for smart, sustainable growth

Whether you're starting a family, relocating from a bigger city, or just looking for more breathing room, Lavon offers a refreshing alternative in North Texas.

Your Local Experts in Lavon Real Estate

Navigating a rural and developing market like Lavon takes more than just MLS access—it takes local insight, experience with land-based transactions, and a commitment to helping clients understand the opportunities and challenges of buying or selling in this unique market.

That’s exactly what Cindy and Cory Dunnican provide. As founders of The Dunnican Team at Coldwell Banker Apex, Realtors®, they bring a personal, hands-on approach to each transaction, whether it's helping a buyer find the right home with space to grow or guiding a seller through pricing and marketing acreage.

With decades of experience and a strong track record in Lavon and surrounding communities, Cindy and Cory offer faith-driven service, strategic guidance, and deep local knowledge—ensuring every move is a confident one.

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