Inside DFW Real Estate

Nevada, Texas real estate market update

Each month, The Dunnican Team publishes housing market updates covering the cities we serve across Northeast Dallas, Collin, Hunt and Rockwall Counties.

Our reports are sourced directly from the MLS transaction data, not estimates or industry averages, and always compared year-over-year so you can tell what's actually changing.

Our goal is to give you the same honest picture we use with our clients, explained the way we'd explain it across the table.

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Five homes closed in Nevada in September 2026, all resale, after no closings a year earlier. The median was $520,000, and homes went under contract in a median of 16 days at 96.1% of original list price. Active listings held at 11, and months of inventory rose to 6.3, which leans toward buyers.

Nevada, TX Housing Market Update – September 2026

Nevada Housing Market Update | Reporting Period: Sep 1–Sep 30, 2026 • Data via NTREIS MLS

About this report. This is The Dunnican Team's monthly housing market update for Nevada, Texas. Every figure comes straight from NTREIS MLS transaction data — what homes actually sold for, not estimates or automated valuations — and each one is measured against the same month a year earlier, because a number only means something when you can see what it used to be. Below you'll find the median sale price, closed sales, active inventory, months of supply, and days on market, along with what each of those actually means if you're weighing a move. We publish these every month so you can watch the trend rather than react to a single number. It's the same picture we walk our own clients through, explained the way we'd explain it across the table.

Quick Read

Five homes closed in Nevada in September, all of them resale, compared with no closings last September, so there's no meaningful year-over-year comparison for prices or sale times this month. Active listings held at 11, the same as a year ago, and months of inventory rose to 6.3 from 5.1, which leans toward buyers. The homes that did sell moved quickly, going under contract in a median of 16 days.

Key Highlights | Nevada Housing Market Update

Median Price: $520,000 (based on five sales)
Closed Sales: 5 (none in September 2025)
Active Listings: 11 (11 in September 2025)
Months of Inventory: 6.3 (5.1 in September 2025); resale only: 5.7 (5.5 in September 2025)

Very limited transaction volume. Only five homes closed here in September, and none closed in September 2025, so year-over-year price and timing comparisons aren't possible this month. At this level a single sale can move the median by tens of thousands of dollars. The counts on this page matter more than any percentage.

Market Commentary

PRICES
The Nevada median sale price was $520,000 in September 2026, with price per square foot at $207.19. Because no homes closed in Nevada last September, year-over-year price changes aren't meaningful, and we've left them out. Three of the five sales fell between $500,000 and $749,999, one between $400,000 and $499,999, and one between $200,000 and $299,999. Homes closed at a median of 96.1% of original list price, stronger than the DFW Metroplex at 93.8%. For context, the DFW median was $379,990 and the Texas median was $329,900.

SALES ACTIVITY
A total of five homes closed in Nevada in September, all resale, after no closings in September 2025. The median home took 16 days to go under contract and 37 days from contract to close, for 53 days in total, compared with 95 days across the DFW Metroplex. With five sales, those medians describe a handful of transactions rather than a trend.

INVENTORY
Active listings totaled 11, unchanged from a year ago. Ten were resale homes and one was new construction. Nevada's inventory is small, so a few new listings or sales can change the picture quickly.

MARKET BALANCE
Months of inventory rose to 6.3 from 5.1 a year ago, above the 5.0-month level that typically favors buyers and above the DFW Metroplex at 4.5 months and Texas at 5.5 months. For resale homes alone, the figure was 5.7. With so few listings and sales, these figures can move sharply from month to month.

What Sellers Need to Know

Only 11 homes are listed, so you face little direct competition, but buyers are limited too.
The five homes that sold went under contract in a median of 16 days and closed at 96.1% of original list price.
At 6.3 months of supply, buyers have some leverage, so price carefully from the start.
With five sales, base your price on specific comparable homes, including recent sales in nearby areas if needed.

What Buyers Need to Know

At 6.3 months of supply, Nevada leans toward buyers.
Selection is limited, with 11 active listings.
Well-priced homes sold quickly in September, in a median of 16 days.
Homes closed at a median of 96.1% of original list price, so expect limited negotiating room on homes priced right.

Nevada Housing Market Outlook: Fall 2026

Nevada heads into the fall with a small, steady inventory and a handful of sales. If listings stay near 11 and closings continue at a few per month, months of supply will likely stay in buyer-leaning territory through the holidays. Mortgage rates moved higher through late September and early October, and if they stay elevated, expect fewer buyers and longer sale times than September's quick closings suggest. If rates ease, the limited inventory means well-priced homes could sell quickly. With so few transactions, the trend across several months will tell you more than any single report.

Trending in Real Estate News

Housing Market Update: Asking Prices Fall for the First Time Since March (Redfin, October 15, 2026)
National asking prices slipped below last year's level, a record share of sellers cut their price, and Dallas was among the metros with the steepest drop in new listings.
Zillow September 2026 Market Report (Zillow Research, October 6, 2026)
Newly pending sales fell sharply nationwide in September as mortgage rates climbed, while home values stayed close to flat.
Have Mortgage Rates Peaked, or Will We See Even More Chaos? (HousingWire, October 10, 2026)
A look at the bond-market volatility behind this fall's higher mortgage rates, and what it has meant for pending sales and price cuts.
Homebuyers Have More Fresh Options Than They've Had in 4 Years (Redfin, September 3, 2026)
New listings rose nationally while demand stayed flat, though Dallas and Fort Worth were exceptions, with fewer new listings than a year earlier.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Nevada, Texas, Cindy and Cory Dunnican are glad to walk through what this data means for your specific situation — no pressure, no obligation. Get in touch with The Dunnican Team or call 972-679-1789.

Source: Texas REALTORS® Data Relevance Project via MetroTex Association of REALTORS® (Nevada, all construction and existing homes; Dallas-Fort Worth-Arlington MSA; Texas; September 2026, with September 2025 comparisons). Underlying data from NTREIS MLS; analysis provided through the Texas Real Estate Research Center at Texas A&M University. Year-over-year price and timing changes are omitted because no homes closed in September 2025.

Nevada Housing Market FAQs – September 2026

Is it a good time to sell a home in Nevada?

Well-priced homes are selling quickly. The five homes that closed in September 2026 went under contract in a median of 16 days and closed at 96.1% of original list price. With 6.3 months of supply, though, buyers have some leverage, so pricing carefully matters.

Is it a good time to buy a home in Nevada?

Supply leans toward buyers at 6.3 months, but selection is small, with 11 active listings. Homes that are priced right are selling close to list price.

How long are homes taking to sell in Nevada?

The five homes that closed in September 2026 took a median of 16 days to go under contract and 53 days from listing to closing. Five sales is a very small sample, though.

Are home prices rising or falling in Nevada?

There's no way to say from this month's data. No homes closed in Nevada in September 2025, so there's nothing to compare against. September's five sales had a median of $520,000.

How much new construction is in Nevada right now?

Very little this month. One of the 11 active listings was new construction, and all five September closings were resale homes.

Have questions about what these numbers mean for your home or your search? Connect with The Dunnican Team. We're glad to walk through your neighborhood and price range.

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