Ennis Home Values

While Ellis County's median sale price sits near $410,000, closings in Ennis tracked at roughly $275,000 in the latest quarter — a gap of more than a third that reflects the city's distinct market segment within the broader county footprint. Based on MLS data for 2026-06 closings in Ennis, price per square foot came in at $170, about nine percent below the county benchmark of $186. Nearly two-thirds of Ennis sellers offered concessions averaging just over $7,000, and more than half of all transactions settled below list. Sellers received close to ninety-six cents on the dollar — a figure essentially matching county norms despite the lower absolute price range.

Ennis carried roughly seven and a half months of supply in the latest quarter, a noticeably wider cushion than Ellis County's six months — pointing to relatively more seller competition within the city limits. With active listings outnumbering pending contracts by nearly five to one, the pipeline reflects deliberate buyer decision-making rather than urgency. New listing additions held steady, sustaining the supply overhang heading into summer. That said, homes in Ennis are clearing the market slightly faster than the county average despite the elevated supply, a dynamic worth monitoring as the Q3 selling season develops.

Homes in Ennis are sitting on the market noticeably longer than they did a year ago — the median days to close stretched to nearly two months in the latest quarter, up from roughly six weeks in the trailing annual period. Based on MLS data for 2026-05 closings in Ennis, price per square foot edged up to $170, modestly above the trailing twelve-month average. Roughly six in ten sellers offered concessions, averaging just over $7,000 at closing, and more than half of all transactions settled below list. Sellers are receiving close to ninety-six cents on the dollar, a figure that has held steady even as homes take longer to move.

With nearly three active listings for every pending contract, Ennis carries a supply overhang that gives buyers time to deliberate. Months of supply reached nearly eight — roughly in line with Ellis County as a whole — and new listing additions continued to outpace pending volume over the quarter. The wide gap between active and pending inventory suggests market velocity is unlikely to accelerate sharply in the near term absent a meaningful shift in buyer demand or a reduction in new listings entering the pipeline.