Housing Prices in Mansfield, TX
How much do homes in Mansfield, TX cost?
Median List Price
$518,427
$191/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Mansfield has increased by 3.9% since last year.
Summary: The median home list price in Mansfield was $518,427 in May 2024, up 3.9% from the previous year, and the median price per square foot was $191.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $450K | $435K | -3.3% |
| 3 Bedrooms | $370K | $378.7K | +2.4% |
| 4 Bedrooms | $527.2K | $539.4K | +2.3% |
| 5+ Bedrooms | $599K | $628.9K | +5.0% |
Summary: Mansfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 5%.
Median List Price Compared To Nearby Cities
| Mansfield | $498.8K | $518.4K | +3.9% |
| Grand Prairie | $350K | $351.1K | 0.3% |
| Arlington | $339.9K | $339.9K | 0% |
Housing Supply in Mansfield, TX
How many homes are available in Mansfield, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 454 | 488 | +7.5% |
Summary: The Mansfield real estate market had 488 homes for sale in May 2024, a 7.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 101 | 117 | +15.8% |
| 4 Bedrooms | 252 | 268 | +6.3% |
| 5+ Bedrooms | 92 | 91 | -1.1% |
Summary: The Mansfield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 1.1%.
Days on Market for Mansfield, TX
How long does it take to sell a home in Mansfield, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 142 Days | 75 Days | -47.0% |
Summary: Homes in Mansfield had an average listing age of 75 days in May 2024, down by 47% compared to the previous year.
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