$7,944 Closing Credit*
$669,000
2,559 SqFt
3 Beds
•2 Full Baths, 1 Partial
Travis Taylor, Listing Office: Compass RE Texas, LLC
Housing Prices in New Fairview, TX
How much do homes in New Fairview, TX cost?
Median List Price
$499,000
$205/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$24,550(+5.2%)
Key Takeaway
The list price of homes in New Fairview has increased by 5.2% since last year.
Summary: The median home list price in New Fairview was $499,000 in October 2024, up 5.2% from the previous year, and the median price per square foot was $205.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $432.7K | $467.7K | +8.1% |
| 4 Bedrooms | $482.4K | $499K | +3.4% |
| 5+ Bedrooms | $725K | $467.7K | -35.5% |
Summary: New Fairview housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 35.5%.
Median List Price Compared To Nearby Cities
| Boyd-Rhome | $382.5K | $440K | +15.0% |
| New Fairview | $474.4K | $499K | +5.2% |
| Justin-Roanoke | $526.5K | $543.3K | +3.2% |
Housing Supply in New Fairview, TX
How many homes are available in New Fairview, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The New Fairview real estate market had 8 homes for sale in October 2024, a 60.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Fairview housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for New Fairview, TX
How long does it take to sell a home in New Fairview, TX?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 301 Days | 49 Days | -83.4% |
Summary: Homes in New Fairview had an average listing age of 49 days in Oct 2024, down by 83.4% compared to the previous year.
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