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Royse City Real Estate Market Update
Latest Update: May 8, 2025
📊 Key Highlights This Month:
• Median price down 7.5% to $315,000
• Closed sales up 44.4% year-over-year
• Homes taking 138 days from listing to close
🏠 Home Prices: Down Despite Rising Demand
The median home price in Royse City was $315,000 in April 2025 — a 7.5% year-over-year decline. This dip in pricing comes even as buyer activity picks up, likely driven by increasing new construction options and affordability-focused buyers.
📈 Sales Grow as Listings Rise
Closed sales jumped to 26 (▲ 44.4% YoY), while active listings rose to 110 (▲ 31.0%). Months of inventory now sits at 5.0, showing the market has become more balanced — if not buyer-leaning — in the face of higher supply.
⏱ Longer Timelines for Sellers
Days on Market: 108 (up 42 days YoY)
Days to Close: 30 (down 1 day)
Total Transaction Time: 138 days (up 41 days YoY)
Additional metrics: Median price per square foot: $154.46 (▼ 12.4%)
Median home size: 2,100 sq ft
Median year built: 2024
Close-to-original list price ratio: 93.1%
What Sellers Need to Know
- ✅ Price drop: Median values are down 7.5% — accurate pricing is critical.
- ✅ Sales up, but slower pace: Demand is improving, but average sales now take 138 days.
- ✅ Inventory is rising: With 110 active listings, there’s more competition than last year.
- ✅ Negotiation is expected: Homes are selling at 93.1% of list — prepare to negotiate.
- ✅ New homes lead the way: Median year built is 2024 — buyers are leaning into new construction.
What Buyers Need to Know
- ✅ More homes to choose from: Inventory is up over 30% — a wider selection is available.
- ✅ Prices have softened: Median and $/sq ft values are down — good timing for value-focused buyers.
- ✅ New builds dominate: Most homes on the market are new or recent construction.
- ✅ Less competition: Sellers are more flexible — negotiate on price or closing costs.
- ✅ Plan ahead: With 138-day transaction timelines, start early and stay patient.
📍 Market Updates by City
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© 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.
