Farmers Branch Home Values
Texas
Farmers Branch Market Snapshot
| Active 157 listings | New 42 30 days | Closed 27 30 days | Pending 3 30 days | Supply 5.6 months | Absorption 8.9% monthly | Over List 1.3% sold above | Under List 42.6% sold below | Concessions 45.2% % of solds | Avg Concession $7,622 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 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.
Concession activity in Farmers Branch continued to fade this quarter, extending a decline that has been building since early summer. Based on MLS data for September 2026 closings in Farmers Branch, roughly one in three transactions carried a concession, down from closer to half of deals last month, even as the typical payout climbed to nearly $7,400 — the largest average concession recorded this year. Price per square foot held steady at $252, while the median sale price eased to roughly $427K, a second straight monthly pullback. Sellers still collected close to 98 cents on the dollar, and homes closing below list ticked up to just over four in ten.
Farmers Branch's pipeline complicates the seller-positioning story emerging from recent closings. New listings reached roughly 126 for the quarter against just 18 homes moving to pending contract, a gap far wider than earlier in the summer. Months of supply crept up to nearly six, moving further above the four-month threshold that typically favors buyers. Active inventory held roughly flat near 154 homes, suggesting the supply build is arriving faster than it's being absorbed — a dynamic that could erode sellers' recent pricing leverage in the months ahead.
Market Updates
Concession activity in Farmers Branch continued to fade this quarter, extending a decline that has been building since early summer. Based on MLS data for September 2026 closings in Farmers Branch, roughly one in three transactions carried a concession, down from closer to half of deals last month, even as the typical payout climbed to nearly $7,400 — the largest average concession recorded this year. Price per square foot held steady at $252, while the median sale price eased to roughly $427K, a second straight monthly pullback. Sellers still collected close to 98 cents on the dollar, and homes closing below list ticked up to just over four in ten.
Farmers Branch's pipeline complicates the seller-positioning story emerging from recent closings. New listings reached roughly 126 for the quarter against just 18 homes moving to pending contract, a gap far wider than earlier in the summer. Months of supply crept up to nearly six, moving further above the four-month threshold that typically favors buyers. Active inventory held roughly flat near 154 homes, suggesting the supply build is arriving faster than it's being absorbed — a dynamic that could erode sellers' recent pricing leverage in the months ahead.
Price per square foot in Farmers Branch climbed to roughly $252 this quarter, continuing an upward run that has stretched across recent months. Based on MLS data for 2026-08 closings in Farmers Branch, the median sale price settled near $437K, a modest pullback from last month even as the per-square-foot figure kept rising, pointing to a shift in the size mix of homes sold. Sellers still held firm at the table, collecting better than 98 cents on the dollar, while the share of homes closing below list price eased to under four in ten. Concessions grew less common too, appearing in just under half of transactions, with the typical payout easing to around $6,400.
Months of supply in Farmers Branch crept up to roughly five this quarter, compared with just over four and a half last month, giving buyers a bit more room to maneuver. Active listings rose modestly to around 157 homes, and new listings continued to arrive well ahead of pending contracts, with the gap between the two widening further than in recent months. That imbalance suggests inventory may keep building even as the market stays tighter than Dallas County's broader six-and-a-half-month supply reading.
While Dallas County's broader price per square foot held near $206, Farmers Branch closings landed closer to $245 this quarter — a premium of roughly one-fifth over the county figure. Based on MLS data for 2026-07 closings in Farmers Branch, the median sale price cleared $450K, moving further past the county's sub-$380K midpoint. Homes here also moved faster, closing in about three weeks against the county's roughly four-week pace. Sellers continued to hold ground, capturing better than 98 cents on the dollar, while just under half of transactions carried a concession — a step down from last month's share, with the typical concession running close to $7,100.
Farmers Branch's pipeline points toward the same gap it shows against Dallas County in closed sales. Months of supply sit near 4.6 — comfortably below the county's roughly 6.4-month reading — a sign the tighter conditions here have room to persist. Active inventory of about 147 homes is a fraction of the county's more than 12,000 active listings, in line with the smaller market's scale, but new listings continued to arrive faster than pending contracts absorbed them, with new activity outpacing pending volume by nearly four to one. That imbalance suggests Farmers Branch's supply edge over the county may narrow modestly ahead.
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 Oct 1, 2026, 6:00 AM CDT · Editorial updated Sep 24, 2026, 3:31 PM CDT
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