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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Nevada closed twelve homes in August against thirteen a year ago, with the median at $352,945 and the sale-to-original-list ratio at 85.3%, down from 94.5%.

That ratio is a builder story, not a resale story. Seven of the twelve sales were new construction in Waverly Estates and Riverfield, several closing 14% to 20% below original list. Resale homes in the same month closed at or near full asking price.

Nevada, TX Housing Market Update – September 2026

Nevada, TX Housing Market Update | Reporting Period: Aug 1–Aug 31, 2026 (August 2026 data) • Data via NTREIS

Limited transaction volume. 12 homes closed here in August 2026. Percentages calculated on a sample this size can swing sharply from month to month, so the counts and the individual sales matter more than the percentage changes.

Key Highlights | Nevada, TX Housing Market Update

Median Price: $352,945 (-12.4% YoY)
Closed Sales: 12 (13 in August 2025)
Active Listings: 66 (-20.5% YoY)
Months of Inventory: 5.5 (6.4 in August 2025)

What Sellers Need to Know

Seven of twelve August closings were new construction, so builder pricing is the primary competition for resale listings.
Builder homes closed between 80% and 86% of original list, while two resale homes closed at 100%.
Months of supply improved to 5.5 from 6.4 as active listings fell 20.5%.
Lot sizes ranged from 0.13 to 8.45 acres in August, so acreage properties should be priced against their own comparables.

What Buyers Need to Know

Builder incentives are active in Waverly Estates and Riverfield and can include rate buydowns and closing cost contributions.
At 5.5 months of supply, Nevada offers more room than the DFW Metroplex average of 4.4 months.
Acreage properties are available alongside production housing, which is uncommon at this price point.
New-construction homes closed 14% to 20% below original list price, so asking prices are negotiable.

PRICES
Nevada's median sales price was $352,945 in August 2026, compared with $402,990 in August 2025. Homes closed at a median of 85.3% of original list price, against 94.5% a year ago. Closings were nearly flat at twelve against thirteen a year ago, but the composition changed substantially. Seven of the twelve August sales were new construction, and several closed between 80% and 86% of original list price, which pulled the citywide median and ratio down without indicating a decline in resale values. For context, the DFW Metroplex median was $389,000 and the Texas median was $330,000.

SALES ACTIVITY
A total of 12 homes closed in August 2026, compared with 13 in August 2025, representing $4,671,949 in total closed volume against $5,125,455 a year ago. Sellers brought 14 new listings to market, versus 16 last August, and 14 properties went under contract, compared with 7. The sale-to-original-list ratio fell to 85.3% from 94.5%, driven almost entirely by new-construction closings in Waverly Estates and Riverfield. Resale homes in the same month closed at or near full original list price.

Homes Sold in Nevada — August 2026

2604 Sunset Bay Lane
3,044 sq ft · 1.00 acres · built 2018 · 252 days on market · sold August 5, 2026
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202 Shady Bank Way
2,313 sq ft · 0.23 acres · built 2026 · 40 days on market · sold August 6, 2026
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20450 County Road 637
2,526 sq ft · 1.97 acres · built 2020 · 131 days on market · sold August 7, 2026
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5440 Highway 78 S
3,843 sq ft · 7.00 acres · built 1985 · 179 days on market · sold August 13, 2026
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6626 Meadow Ridge Circle
1,688 sq ft · 1.07 acres · built 2001 · 5 days on market · sold August 14, 2026
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9833 Private Road 5377
3,344 sq ft · 8.45 acres · built 2018 · 135 days on market · sold August 18, 2026
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1214 Breezy Oak Drive
2,299 sq ft · 0.17 acres · built 2026 · 47 days on market · sold August 21, 2026
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636 Dunham Road
2,599 sq ft · 0.13 acres · built 2026 · 26 days on market · sold August 25, 2026
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110 S Fm 1138
1,344 sq ft · 0.22 acres · built 1982 · 12 days on market · sold August 26, 2026
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1204 Breezy Oak Drive
1,801 sq ft · 0.17 acres · built 2026 · 41 days on market · sold August 27, 2026
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1217 Bristlecone Drive
1,253 sq ft · 0.17 acres · built 2026 · 62 days on market · sold August 31, 2026
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806 Martingale Drive
2,165 sq ft · 0.22 acres · built 2023 · 170 days on market · sold August 31, 2026
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Under NTREIS MLS data-display rules, individual sale prices for closed transactions cannot be published on public pages without a separate sold-data license. The property details below are provided so you can gauge market activity directly; for sold pricing on any of these homes, contact The Dunnican Team at 972-679-1789.

INVENTORY
Active listings totaled 66 at the end of August 2026, compared with 83 in August 2025. Active listings fell to 66 from 83 while closings held nearly steady, which improved months of supply to 5.5 from 6.4.

MARKET BALANCE
Months of inventory stood at 5.5, compared with 6.4 in August 2025. That compares with 4.4 months for the DFW Metroplex and 5.4 months statewide.

Nevada Housing Market Outlook: Fall 2026

Nevada's headline figures were pulled down by new construction rather than by declining resale values. Seven of twelve August closings were builder homes in Waverly Estates and Riverfield, several closing between 80% and 86% of original list, while resale homes in the same month closed at or near full asking. Months of supply improved to 5.5 from 6.4 as active listings fell to 66 from 83. Builder pricing decisions on standing inventory will remain the dominant influence on local closed-sale figures through the fall. Buyers should compare builder incentives against resale pricing directly, since the two compete for the same buyer. Sellers of resale homes should be prepared to explain the difference to appraisers and buyers who see only the citywide median.

Trending in Real Estate News

Realtor.com Research — The Best Time to Buy a Home Is the Week of Sept. 27 – Oct. 3 — Realtor.com's annual timing analysis names the week of September 27 through October 3 the most buyer-friendly week of 2026 nationally, with more active listings than earlier in the year and roughly $14,000 in savings on a median-priced home compared with the summer peak. The weeks immediately after are nearly as favorable.
MetroTex Association of REALTORS® — Monthly DFW Housing Market Reports — The regional association's own monthly data for the Dallas-Fort Worth Metroplex and Texas.
Zillow Research — Monthly Market Report — National sales and new-listing trends, useful for separating local movement from national conditions.
Redfin — 2026 Housing Market Mood: Buyers Cautious, Sellers Showing Up — Survey-based look at how buyers and sellers are approaching the market this year.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Nevada, 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.

Frequently Asked Questions

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

The Nevada market currently favors buyers. Months of inventory stood at 5.5 in August 2026, against 4.4 months for the DFW Metroplex and 5.4 months statewide. Active listings fell 20.5% year over year, and homes sold at a median of 85.3% of their original list price. Whether it is the right time depends on your price point and timeline, which is worth discussing against recent closings in your specific neighborhood.

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

Nevada had 66 active listings at the end of August 2026 and 12 homes closed during the month, which works out to 5.5 months of supply. The median sale price was $352,945, down 12.4% from a year earlier. Homes closed at 85.3% of original list price, so there was negotiating room on properties that had been listed a while.

How long are homes taking to sell in Nevada?

Median days on market in Nevada was 54 days in August 2026, compared with 28 days in August 2025. That figure measures time from listing to an accepted contract and does not include the weeks between contract and closing, which generally runs about a month in Nevada — August's sale count is too small to pin down precisely.

Are home prices rising or falling in Nevada?

The median sale price in Nevada was $352,945 in August 2026, compared with $402,990 in August 2025, a change of -12.4%. A median reflects the midpoint of what sold, so it moves when the mix of homes selling changes as well as when values change.

How competitive is the Nevada housing market?

With 5.5 months of inventory, the Nevada market favors buyers. Homes closed at a median of 85.3% of original list price and 14 properties went under contract during August 2026. Under 4 months of supply generally favors sellers, 4 to 5 months is balanced, and above 5 months favors buyers.

What is the median home price in Nevada, TX?

The median sale price in Nevada was $352,945 in August 2026. For comparison, the DFW Metroplex median was $389,000 and the Texas statewide median was $330,000.

How much housing inventory is available in Nevada?

Nevada had 66 active listings at the end of August 2026, down 20.5% from 83 a year earlier. Against 12 closed sales, that represents 5.5 months of supply.

How does the Nevada housing market compare to DFW and Texas overall?

Nevada's median sale price of $352,945 compares with $389,000 across the DFW Metroplex and $330,000 statewide. Inventory stood at 5.5 months locally, versus 4.4 months for the Metroplex and 5.4 months for Texas.

Source: NTREIS MLS (Aug 1–Aug 31, 2026) with August 2025 comparison metrics from NTREIS MLS. Individual sale details reflect closed transactions reported to NTREIS. Regional and statewide benchmarks from MetroTex Association of REALTORS® August 2026 Housing Reports.

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