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By the Numbers
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.
Latest Update: July 2025
Lucas real estate saw a major leap in median price, climbing to $1,240,000 in June 2025—a 44.2% year-over-year increase. This sharp rise reflects strong demand in the luxury segment. Price per square foot also increased by 6.1%, reaching $313. However, homes are taking longer to sell, averaging 43 days on market, and sellers are receiving 93.8% of their original list price, indicating room for negotiation.
Months of inventory fell to 5.6, despite the number of homes for sale rising slightly to 81 active listings. However, new listings dropped significantly (▼ 41.9%), and pending sales fell 50%, signaling a slowdown in buyer activity. Closed sales rose 69.2%, likely due to prior months’ contracts closing. This mix of movement suggests a shifting dynamic in Lucas’s high-end market.
Lucas continues to attract buyers seeking estate properties and land, but with fewer new listings and a rising days-on-market metric, sellers and buyers alike must navigate a more nuanced luxury landscape.
Source: MLS data via North Texas Real Estate Information Services (NTREIS), June 2025. Data deemed reliable but not guaranteed.
Source: MLS data via North Texas Real Estate Information Services (NTREIS), May 2025. Data deemed reliable but not guaranteed.
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.
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Luxury Living, Wide Open Spaces, and Top-Rated Schools in Collin County
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.
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.
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.
We understand how to market acreage and luxury properties to serious buyers.
From custom builds to private estates, we’ll help you find the space and lifestyle you’re dreaming of.