Gordonville Home Values

Gordonville's inventory tells the story of a lake-and-golf community in transition. Nearly two-thirds of active listings are vacant lots, many clustered in the Rock Creek resort subdivision overlooking a Nicklaus-designed course. The residential stock that does exist splits between vintage lake cabins from the 1950s and '60s—wood-paneled retreats with fireplaces near Cedar Mills Marina—and a newer wave of compact builds from 2019 onward featuring spray-foam insulation, metal roofs, and mini-split systems. Multi-lot assemblages are common, with sellers bundling three or four parcels to create oversized spreads. Sherwood Shores adds a pocket of family-oriented lakefront living along Texoma's southern shore.

Price per square foot in Gordonville reached roughly $168 in the most recent quarter — a notable uptick from the trailing annual average near $162, even as the median sale price settled around $79,000. Based on MLS data for 2026-05 closings in Gordonville, the gap between where sellers list and where deals close has narrowed: sellers received close to 97 cents on the dollar at closing, above the county benchmark. Still, nearly three in ten sales closed below list price, and the year-over-year trajectory on absolute prices reflects a sharp directional pullback. The limited sample of roughly three dozen closings warrants caution around strong conclusions.

The pipeline in Gordonville signals a pronounced supply imbalance heading into summer. Active listings stand near 315 while pending contracts number fewer than 30 — a ratio that directionally points toward continued buyer leverage in negotiation. With roughly 25 months of supply in the trailing quarter, meaningful absorption pressure remains well above the county's already-elevated 15-month figure. New listing activity has outpaced contract activity by a wide margin, and without a sustained pickup in pending volume, the supply overhang is unlikely to resolve quickly.