Forney Home Values

Nearly six in ten closed sales in Forney settled below asking price this quarter, continuing a pattern that has defined the local negotiating table since spring. Based on MLS data for August 2026 closings in Forney, price per square foot held essentially flat near $154, while sellers gave back roughly four cents on the dollar at closing on average. Concessions stayed widespread — close to three in four transactions carried one, averaging just over $11,000 — even as the median closing moved about a week faster than July, the fourth straight month of quicker turnarounds. Together, the figures describe a market where sellers are pricing to move rather than testing the ceiling.

Pending contracts represented only about one in twenty-five of Forney's active listings this quarter, the thinnest conversion rate of the past several months and a further drop from the softer ratios seen this spring. Months of supply held near eight, roughly double what's typically considered a balanced market, while new listings kept arriving at a steady quarterly clip, keeping the active pool well stocked. Kaufman County itself carries a comparable supply overhang, suggesting the imbalance is regional rather than specific to Forney, though it still leaves buyers with ample room to negotiate.

For the third consecutive month, transactions in Forney closed faster than the prior stretch, with median days-to-close narrowing to 55 -- down from 65 across the trailing year and now matching Kaufman County's own pace of 54 days. Based on MLS data for July 2026 closings in Forney, price per square foot held near $154, a shade below the county's $159 and softer than Forney's own year-ago trailing average, consistent with a modestly negative year-over-year price trend. Sellers continued giving ground at the table, with nearly three in four sales carrying a concession averaging just under $11,000 -- a larger giveback than earlier in the year -- while the typical home still closed for about ninety-five cents on the dollar.

Forney's pipeline tells a more mixed story than the closing side suggests. Months of supply held essentially flat near eight, still above Kaufman County's own elevated reading, while active listings stayed level near 1,135. Pending contracts represented only a thin sliver of that active pool, a softer conversion rate than the county's pending share of its own inventory. New listings kept arriving at a steady quarterly pace, keeping the supply overhang intact even as individual sales moved through escrow more quickly.

While Kaufman County's median sale runs close to $300,000, Forney's closed transactions are landing roughly eight percent higher — yet that price premium does not translate into seller-friendly terms at the table. Based on MLS data for 2026-06 closings in Forney, nearly three in four completed sales included a seller concession averaging just over $10,000, a notably higher concession rate than the county-wide figure of about two-thirds of transactions. Price per square foot settled around $155, fractionally below the county benchmark of $159, and sellers received back just under ninety-five cents on the dollar at closing. The combination of a higher nominal price alongside wider concession exposure than neighboring county markets defines Forney's current negotiation landscape.

Forney's pipeline shows a market absorbing at a measured pace relative to Kaufman County overall. With roughly seven and a half months of supply — slightly tighter than the county's eight-plus months — Forney's active inventory is proportionally elevated against pending contracts, which represent fewer than one in five active listings. New listing volume over the latest quarter maintained steady replenishment, and the county's broader pending-to-active ratio suggests Forney's slower absorption is consistent with regional trends rather than a local outlier. Time-on-market has edged slightly lower than the prior period, a tentative signal that velocity may be stabilizing.