Farmers Branch Home Values
Texas
Farmers Branch Market Snapshot
| Active 147 listings | New 40 30 days | Closed 23 30 days | Pending 7 30 days | Supply 4.6 months | Absorption 23.1% monthly | Over List 1.3% sold above | Under List 40.8% sold below | Concessions 47% % of solds | Avg Concession $7,650 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
Farmers Branch Market Trends
Dallas's Best-Kept Inner Suburb Heats Up
Farmers Branch earned its "City in a Park" nickname honestly — 28 parks threaded through a compact footprint wedged between Addison, Carrollton, and North Dallas. Mid-century ranch homes on generous lots dominate the housing stock, and a wave of gut-to-studs renovations is transforming 1950s and '60s brick ranches into modern showcases with quartz counters, LVP floors, and energy-efficient windows. New luxury townhome developments and a 55-plus condo community add density without sacrificing the neighborhood feel. DART Green Line access, the Farmers Branch Historical Park, and proximity to the Galleria keep daily life convenient without big-city friction.
The pace of closings in Farmers Branch accelerated noticeably this quarter — homes moved from list to contract in roughly three weeks on average, a week faster than the trailing twelve-month norm. Based on MLS data for 2026-06 closings in Farmers Branch, the median closed near $430K with price per square foot running around $238. Sellers captured better than 98 cents on the dollar at closing, a slight improvement over the annual average, while the share of transactions that closed with a concession climbed to just over half — though the typical concession amount edged lower to roughly $6,800. Year over year, values have held a nearly six-percent gain.
The tightening pace evident in closed sales is mirrored in the pipeline. With months of supply near 4.1, Farmers Branch remains well inside balanced-market territory — meaningfully tighter than the broader Dallas County reading of roughly six months. New listing activity ran at a clip of about 139 homes over the quarter, outpacing the 57 pending contracts on record and widening the funnel. That gap between supply entering the market and demand absorbing it suggests conditions may be testing a near-term equilibrium, though the current pipeline does not signal a significant inventory buildup on the horizon.
Market Updates
The pace of closings in Farmers Branch accelerated noticeably this quarter — homes moved from list to contract in roughly three weeks on average, a week faster than the trailing twelve-month norm. Based on MLS data for 2026-06 closings in Farmers Branch, the median closed near $430K with price per square foot running around $238. Sellers captured better than 98 cents on the dollar at closing, a slight improvement over the annual average, while the share of transactions that closed with a concession climbed to just over half — though the typical concession amount edged lower to roughly $6,800. Year over year, values have held a nearly six-percent gain.
The tightening pace evident in closed sales is mirrored in the pipeline. With months of supply near 4.1, Farmers Branch remains well inside balanced-market territory — meaningfully tighter than the broader Dallas County reading of roughly six months. New listing activity ran at a clip of about 139 homes over the quarter, outpacing the 57 pending contracts on record and widening the funnel. That gap between supply entering the market and demand absorbing it suggests conditions may be testing a near-term equilibrium, though the current pipeline does not signal a significant inventory buildup on the horizon.
Price per square foot in Farmers Branch ran roughly 15% above the Dallas County median in the most recent quarter — a premium that held even as the broader county market softened. Based on MLS data for 2026-05 closings in Farmers Branch, the median closed near $421K against a countywide figure closer to $373K. Homes that did sell moved in about 25 days, well ahead of the county's 34-day pace. Sellers gave back nearly two cents on the dollar at closing on average, but more than half of transactions included a seller concession — the highest share recorded in the trailing twelve months — suggesting selective price sensitivity rather than broad weakness. Year-over-year, values have appreciated roughly five and a half percent.
The supply picture in Farmers Branch diverges sharply from its parent county. With months of supply near 4.3 compared to Dallas County's 7.1, the local market sits in noticeably tighter territory despite county-wide softening. New listing activity matched pending contract volume almost exactly in the most recent quarter, keeping inventory lean rather than building a meaningful backlog. That ratio — new supply entering roughly as fast as demand absorbs it — leaves little cushion for buyers hoping conditions shift further in their favor heading into summer.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 24, 2026, 7:10 PM CDT
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