Ferris Home Values

Ferris sits along the I-45 corridor about 25 miles south of downtown Dallas, straddling the line between Ellis County's rural roots and the metroplex's relentless southward push. Master-planned communities like Shaw Creek Ranch and Sperling Farms have transformed former farmland into subdivisions of single-story four-bedrooms with granite counters and sprinkler systems. But drive a few minutes off the highway and you still find 30-acre tracts with stock ponds and ag exemptions. That duality — production homes next to cattle pasture — defines Ferris right now. The town's identity is being rewritten one plat at a time.

Price per square foot in Ferris held near $174 in the most recent quarter, modestly above the trailing annual average of $163, based on MLS data for 2026-05 closings in Ferris. Sellers gave back roughly two cents on the dollar at closing, though the list-to-sale ratio remained relatively tight given broader market conditions. Nearly eight in ten transactions involved concessions — a notably elevated rate — with sellers contributing an average of roughly $8,000 toward buyer costs. With nearly four in ten closings settling below list and only about one in ten closing above, the limited sample suggests sellers are finding meaningful resistance as prices approach the $290,000 range.

Active listings in Ferris held steady against a thin pipeline of pending contracts — roughly a dozen pending against more than eighty active homes — pointing toward extended absorption timelines ahead. With months of supply running near nine, directionally the data points toward conditions that favor buyers heading into summer. New listing activity has remained elevated relative to pending volume, and the supply gap appears to be widening rather than closing. For a market of Ferris's size, this imbalance aligns with the broader Ellis County pattern of elevated supply.