Lavon Home Values

The pace of closings in Lavon held steady through the latest quarter, with roughly 207 completed transactions providing a reliable sample for June 2026 MLS data. Sellers continued to give back meaningful ground at the negotiating table — nearly nine in ten closings included a concession, with the typical amount approaching $12,000. Homes spent roughly 70 days reaching closing, a modest improvement from the prior period. Year-over-year, values have retreated by about seven percent, and the median closing price settled in the mid-$340,000s. Fewer than one in ten homes closed above list, while nearly two-thirds closed below.

New listing activity in Lavon accelerated into June, with roughly 265 properties entering the market — up notably from the prior period — while pending contracts climbed only modestly to about 112. The absorption gap between supply entering and demand absorbing widened further, reinforcing the pattern flagged last month. With roughly four and a half months of supply and active inventory holding flat near 320 listings, the pipeline does not yet signal a tightening. Median time under contract drifted slightly lower, suggesting individual motivated buyers remain active even as the broader absorption rate lags.

Price per square foot in Lavon landed at roughly $166 in the most recent quarter, running about 16% below the Collin County benchmark of $198 — a gap that widens when measured against the county's median sale price, which sits more than $100,000 above Lavon's trailing figure. Based on MLS data for May 2026 closings in Lavon, nine in ten transactions included a seller concession, compared to roughly six in ten countywide, with the typical concession approaching $12,000. Homes in Lavon also spent considerably longer under contract before closing — roughly 72 days at the median, versus about 46 days across Collin County.

Active listings in Lavon currently represent about 4.8 months of supply — tighter than Collin County's 6.8 months — yet pending contracts remain thin relative to the new listing pace, with roughly 106 pending transactions against 231 new listings over the same period. That absorption gap suggests demand has not kept pace with supply replenishment. The pipeline points toward continued buyer-friendly negotiating conditions in Lavon heading into summer, even as the broader county faces a larger supply overhang.