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The Dunnican Team at Coldwell Banker Apex, Realtors®

(972) 679-1789

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The Dunnican Team
9106 Royal Burgess Dr
Rowlett TX 75089

Rockwall Office:

Coldwell Banker Apex, Realtors®
2555 Ridge Road #144
Rockwall TX 75087 

 

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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 Lucas, TX

MEDIAN SALES PRICE

$1,217,500

MEDIAN SALES PRICE

CLOSED SALES

108

CLOSED SALES

ACTIVE LISTINGS

41

ACTIVE LISTINGS

MONTHS INVENTORY

4.1

MONTHS INVENTORY

Lucas, TX Housing Market Update – Year-End 2025

Latest Update: January 2026 • Data via NTREIS

Key Highlights

  • Median Price: $1,217,500 (+10.7% YoY)
  • Closed Sales: 108 (+6.9% YoY)
  • Active Listings: 41 (−2.4% YoY)
  • Months of Inventory: 4.1 (0.0 YoY)

PRICES
Lucas finished 2025 with a median home price of $1,217,500, up 10.7% year over year. That’s a meaningful gain and suggests that demand for higher-end properties held up well despite affordability pressures in the broader market. In Lucas, pricing strength tends to be influenced by limited turnover and the availability of luxury and acreage-style homes.

SALES ACTIVITY
Closed sales increased to 108, up 6.9% from 2024. In a smaller, higher-price market, even modest shifts in transaction count can signal a real change in buyer engagement. This uptick suggests qualified buyers are still moving forward when inventory and pricing align with expectations.

INVENTORY
Active listings ended the year at 41, down 2.4% year over year, which reinforces Lucas as a low-turnover market. Fewer available homes can support price stability, but it also means buyers may need to stay patient or expand criteria to find the right fit. Inventory constraints tend to keep competition concentrated around the most desirable properties.

MARKET BALANCE
Months of inventory held at 4.1, unchanged from the prior year, which is closer to a balanced market than many nearby areas. This level typically creates a market where pricing still matters, negotiation is normal, and outcomes depend on how well a home is positioned relative to the limited comparable sales. Sellers have advantages when a home is well-prepared and priced correctly, but buyers are not forced into the same urgency seen in low-inventory suburban segments.

What Sellers Need to Know

  • Luxury buyers are selective, so condition, presentation, and pricing to recent comps are essential.
  • With inventory steady and turnover limited, strong marketing helps your home stand out among fewer listings.
  • Expect negotiation on inspections and terms, especially if upgrades and maintenance aren’t current.
  • Pricing too aggressively can lead to extended market time in a segment where buyers have options.

What Buyers Need to Know

  • Inventory is limited, so patience and flexibility can matter as much as price.
  • Negotiation is possible, but leverage depends heavily on condition, timing, and comparable sales.
  • Be prepared to move when the right home appears—quality inventory can be infrequent.
  • Focus on long-term value drivers like land, location, and build quality, not just headline price.

2026 Lucas Housing Market Forecast

Looking ahead to 2026, Lucas is likely to remain a market where pricing is supported by limited turnover and buyer demand for higher-end homes, but transactions will continue to be highly sensitive to interest rates and buyer qualification. With months of inventory around a balanced level, buyers should continue to have room to negotiate on terms, especially on homes that are dated, uniquely designed, or priced ahead of recent comparable sales. Sellers can still achieve strong outcomes, but success will depend on strategic pricing, excellent presentation, and clear positioning against the small pool of comparable properties. If mortgage rates ease later in the year, Lucas could see renewed activity among move-up and relocation buyers, but competition will likely concentrate around the best-located, best-maintained homes. Overall, 2026 should continue to reward quality and realism more than urgency, with the strongest performance in properties that feel turnkey and priced appropriately for the luxury segment.

Source: Texas REALTORS® Data Relevance Project, NTREIS, with analysis provided through the Real Estate Center at Texas A&M University.

DFW Metroplex Allen Caddo Mills Dallas Fate Forney Frisco Garland Heath Lavon Lucas McKinney McLendon-Chisholm Murphy Plano Richardson Rockwall Rowlett Royse City Sachse Sunnyvale Wylie

 

© 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.

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Lucas Real Estate Overview

Luxury Living, Wide Open Spaces, and Top-Rated Schools in Collin County

About Lucas, TX

Tucked in the heart of Collin County, Lucas is North Texas’s hidden gem for luxury acreage living with easy access to modern conveniences. Located just minutes from Allen, Fairview, and McKinney, Lucas offers a rare blend of space, serenity, and top-tier schools—making it a go-to destination for buyers who want room to breathe without giving up proximity to shopping, dining, and daily needs.

Lucas is best known for its access to Lovejoy ISD, one of the highest-performing public school districts in Texas. With small class sizes, award-winning academics, and a strong emphasis on enrichment and community engagement, Lovejoy ISD draws families who prioritize education and involvement.

Homes and Land for Sale in Lucas, TX

The Lucas real estate market is tailor-made for buyers seeking custom homes, privacy, and acreage. Unlike more densely developed suburbs, Lucas offers fewer rooftops, more trees, and homes that feel like private retreats.

Common property types in Lucas include:

  • Luxury estates on acreage, often gated and outfitted with guest quarters, pools, barns, or equestrian amenities

  • Custom-built homes with distinctive architecture, energy-efficient features, and lifestyle-oriented layouts

  • Gated communities like Broadmoor Estates and Edgewood, offering larger lots, luxury finishes, and exclusivity

  • Equestrian properties, ideal for horse owners and hobby farmers, with space for barns, arenas, and pastureland

  • Build-ready land tracts, where buyers can craft their dream home with fewer restrictions and builder flexibility

Whether you're planning a multi-generational estate, building a custom home, or seeking a peaceful place to unwind, Lucas offers a lifestyle rooted in space, quality, and long-term value.

Why Buyers Choose Lucas

Lucas strikes a rare balance: rural ambiance with suburban access. Buyers are drawn to the area’s scenic landscapes, strong community values, and the freedom to live life on their own terms—whether that means gardening, keeping animals, working from home, or just enjoying a peaceful night under the stars.

What makes Lucas stand out:

  • Top-rated schools through Lovejoy ISD

  • Larger lots, often with mature trees, open views, and custom landscaping

  • Close proximity to shopping, dining, and entertainment at Fairview Town Center, Allen Premium Outlets, and The Village at Allen

  • Easy access to US-75, SH-121, and Lake Lavon for recreation

  • A low-density, low-commercial setting that emphasizes privacy and natural beauty

  • A strong sense of community and outdoor living, including trails, parks, and equestrian facilities

From relocating professionals and growing families to empty nesters and luxury lifestyle seekers, Lucas continues to attract buyers looking for a high-end living experience with room to roam.

Selling A Home in Lucas?

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From custom builds to private estates, we’ll help you find the space and lifestyle you’re dreaming of.

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089