Nevada Home Values

Seller concessions in Nevada, TX climbed back above six in ten transactions this quarter — the highest share in the trailing timeline — based on MLS data for September 2026 closings in Nevada. Price per square foot, the primary valuation gauge, slid to roughly $188, down from the low-$200s posted in July and August and now trailing both the trailing-year average near $200 and Collin County's roughly $201 benchmark. With only three dozen closings behind it, the sample carries wider margins than the county's, but directionally it points the same way: sellers received a little under 95 cents on the dollar, a touch softer than last month, and sales that closed moved faster, averaging roughly eight and a half weeks.

Only about a dozen contracts moved to pending against 154 active listings in Nevada, TX this quarter, keeping absorption well below Collin County's typical pace. Months of supply held near thirteen — more than twice the county's six-month reading — even as new listings arrived at roughly the same clip as last quarter, doing little to work down the overhang. For a market where sellers are already conceding more ground at the table, the supply backdrop offers scant support for firmer pricing in the near term.

Collin County's price-per-square-foot benchmark and Nevada, TX's converged almost exactly this quarter, at $208 versus the county's $203, even as Nevada's median sale price closed about $125,000 below the county figure, based on MLS data for August 2026 closings in Nevada — a gap that points to smaller, lower-priced homes trading hands locally rather than a true valuation shortfall. Sellers gave back a little more than four cents on the dollar at closing, essentially in line with July. Concessions appeared in just over half of transactions, down from nearly six in ten a month earlier, though the average payout climbed to roughly $9,550, with prices still down nearly 17% from a year ago.

Nevada, TX's pipeline continues to diverge sharply from Collin County's broader pace. Months of supply held near 15 — more than double the county's roughly six-month reading — even as active listings stayed flat near last quarter's count. Only ten contracts moved to pending against 164 active listings, a thinner pending-to-active ratio than the county typically carries, while new listing activity continued arriving faster than contracts could absorb it. Closed-sale timelines held roughly steady month over month, but with absorption trailing the county by such a wide margin, the supply overhang shows little sign of narrowing.

Price per square foot in Nevada, TX climbed to roughly $214 in the trailing quarter, moving past the county's $203 benchmark, based on MLS data for 2026-07 closings in Nevada. Sellers held that price line even as concessions became routine: nearly six in ten closings included a give-back, up from four in ten last quarter, though the average concession shrank to roughly $8,600. Fewer than four in ten sales closed below list, a smaller share than last quarter, and homes that sold moved faster, averaging roughly nine and a half weeks on market versus eleven over the trailing year -- sellers trading smaller concessions for firmer final pricing.

With just eleven pending contracts against 164 active listings, absorption in Nevada, TX continues to trail Collin County's pace by a wide margin. Months of supply eased to roughly sixteen from near eighteen last quarter -- a modest easing, though still more than double the county's six-month reading. New listing flow kept pace with the broader market even as pending activity stayed thin. With a moderate quarterly volume, that combination hedges any read of firming seller leverage: price discipline at the negotiating table hasn't yet been matched by a resolving supply overhang.