Caddo Mills Home Values

Closings in Caddo Mills took noticeably longer to reach the table this quarter, with days on market stretching to roughly eight weeks from about six weeks the month before, still faster than Hunt County's broader pace near nine weeks. Price per square foot, the more telling valuation signal locally, eased slightly to around $186, while median sale prices held near $379K, above the county's roughly $278K benchmark. Concessions grew more common, appearing in nearly seven in ten closings versus roughly six in ten over the trailing year, even as sellers kept recovering close to 96 cents on the dollar. Based on MLS data for 2026-09 closings in Caddo Mills, the moderate sample supports directional readings.

Pending contracts in Caddo Mills thinned sharply this quarter, falling to just seven, a steep pullback from the pace maintained across the trailing year and a continuation of the contract-volume compression flagged in recent months. New listings kept arriving at a similar clip, around 120 in the trailing quarter, keeping fresh supply well ahead of what the shrinking pending count can absorb. Months of supply eased slightly to roughly nine and a half, still below Hunt County's broader read near twelve, suggesting the local pipeline is losing speed rather than gaining it.

Price per square foot in Caddo Mills climbed to roughly $194 this quarter, based on MLS data for 2026-08 closings in Caddo Mills, continuing a steady climb from the low $180s earlier this year and landing nearly a fifth above Hunt County's roughly $162 benchmark. Median sale prices followed the same pattern, settling near $383K against the county's $276K — a premium that has held for months. Closings also moved faster than the county's broader pace, with days on market near six weeks versus Hunt County's roughly two months. Concessions remained more common locally than countywide — roughly two in three closings versus about half — even as sellers matched the county's list-price recovery near 97 cents on the dollar.

Caddo Mills' pipeline mirrors Hunt County's broader conditions this quarter, with months of supply near ten and a half — just below the county's reading near eleven and a half — suggesting local absorption trails only slightly behind the countywide pace. New listings kept arriving far faster than pending contracts could accumulate, with well over ten new listings for every pending contract, a ratio consistent with the county's trend of supply outrunning demand. Active inventory held essentially flat versus the trailing year, leaving both markets positioned deep in buyer-favorable territory heading into fall.

Just over four in ten sales in Caddo Mills closed below asking this quarter, based on MLS data for 2026-07 closings, keeping over-list sales rare at roughly one in twenty-five transactions — a continuation of the buyer-favorable pricing dynamic that has held through the spring. Concessions ticked back up to roughly 55% of closings, reversing last month's retreat toward the mid-40s, even as sellers continued recovering close to 97 cents on the dollar at the table. Price per square foot held just under $200, still running well above Hunt County's roughly $160 benchmark. Days on market lengthened to about six weeks, and with roughly 55 closings behind the trailing quarter, the moderate sample supports directional rather than definitive conclusions.

Pending contracts in Caddo Mills nearly halved from roughly two dozen last month to about ten, even as active inventory held steady near 200 listings — a combination that pushed months of supply up to roughly eleven, closing most of the gap with Hunt County's own elevated reading near the same mark. New listing activity continued at a similar clip to recent months, keeping fresh supply arriving faster than pending contracts can absorb it. Directionally, the pipeline suggests buyers are retaining, and possibly extending, their negotiating room heading into late summer.