Heartland Home Values

Heartland's housing stock splits cleanly between two eras. Original-phase homes built by D.R. Horton from 2006 to 2013 sit on larger lots with mature landscaping, typically offering three to four bedrooms around 1,500 to 1,900 square feet. The newer sections feature active production from Chesmar, Highland, Coventry, and HistoryMaker, delivering one- and two-story plans from 1,500 to 2,600 square feet on tighter lots. HistoryMaker has introduced townhome product near $245,000, adding a format previously absent from the community. Corner lots and model-home conversions surface regularly in resale inventory.

Price per square foot in Heartland directionally suggests softening, with the trailing three months pointing toward roughly $145 — down from a $155-per-square-foot pace seen across the full trailing year. Based on MLS data for closings in Heartland through May 2026, sellers gave back a little over four cents on the dollar at the closing table, and roughly three in four transactions included seller concessions. Nearly two-thirds of homes traded below list price, and year-over-year values have declined approximately 6%. The limited sample of 21 closed sales averaged around 100 days from list to close.

Active inventory in Heartland held steady at 76 homes, while the pending pipeline contracted sharply to just 6 — a ratio that directionally suggests absorption has slowed considerably. With roughly 11 months of supply and 53 new listings entering the market over the trailing three months, forward-looking conditions point toward continued softness in near-term transaction velocity. The widening gap between active and pending inventory indicates demand has not kept pace with supply coming to market.