Mansfield Home Values
Texas
Mansfield Market Snapshot
| Median Sale Price $472,099 ▼ 3.8% YoY | Price per Sq Ft $191 median $/sqft | Days on Market 41 list to contract | Sale-to-List 97.6% of original asking |
| Active 352 listings | New 0 30 days | Closed 0 30 days | Pending 0 30 days | Supply 6 months | Absorption 19.6% monthly | Over List 4.3% sold above | Under List 49.2% sold below | Concessions 53.7% % of solds | Avg Concession $19,242 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
Mansfield Market Trends
Top Schools, Steady Demand, Shifting Leverage
Mansfield sits at the crossroads of Tarrant, Ellis, and Johnson counties, anchored by one of the highest-rated school districts in the DFW metroplex. The city draws families with its network of parks, trails along Walnut Creek, and a walkable historic downtown that still hosts First Friday events. Neighborhoods range from established subdivisions like Pemberly Estates and Country Club Estates to new-build communities where builders like Normandy and Highland are delivering one-story plans on lots starting around 6,000 square feet. With proximity to both Arlington's entertainment corridor and Fort Worth's cultural district, Mansfield offers suburban breathing room without sacrificing access.
Mansfield's market is cooling in measurable ways. Supply has climbed to six months of inventory in the most recent quarter, crossing the threshold that typically favors buyers over sellers. Year-over-year median prices have pulled back, and the list-price-to-sale-price ratio has slipped below 97 percent in the latest three-month window. Yet nearly half of all closings in that same period still involved seller concessions, suggesting negotiation has become standard rather than exceptional. Over-list sales remain surprisingly common here compared to neighboring cities, a sign that well-priced, move-in-ready homes in top school zones still draw competitive offers.
Mansfield rewards patience right now. Buyers have more leverage than they have had in years, especially in the resale segment where sellers are adjusting expectations. New construction is competing aggressively on incentives, which puts additional downward pressure on older inventory. If you are selling, pricing precisely at market from day one is the difference between a 30-day close and 60-plus days of sitting.
Zip Codes in Mansfield
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Market data last updated Apr 2, 2026, 12:22 PM CDT
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