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Fairview TX Housing Market Prices and Trends 

Whether you are planning to sell or purchase real estate in Fairview TX, it is important to understand Fairview TX Housing Market Prices and Trends, this important information will in determining a list price for a property and it will help buyers get an idea of what a property might be worth. It is also very important to note that property values fluctuate on many differing variables, such as interest rates, situs (the physical location of real estate, does it back up to a major highway, multi-family housing, a landfill or an active railroad line) and the current or projected political landscape.

Other factors that determine property values

Other key factors that appraisers use to determine property values in Fairview TX and others areas are recent comparable properties that have sold within the last 180 days. Appraisers will do their best to use an apples to apples comparison, but if appraisers are not finding comparable properties, they may go as far away or back in time as they would need to find something that makes sense. Appraisers need something to compare the subject property to. However, appraisers must follow guidelines; for residential properties in urban areas, they have to get as close to the subject property as they can; they look for similar property types. Appraisers can't cherry-pick and skip over good sales because they’re trying to reach the contract price or a pre-determined value. Additionally, if an appraiser can make the case that there are no comps close by, it is appropriate to go farther in distance. The bottom line, I cannot stress enough how important it is to use comparable properties in determining the list price for a property; the appraiser will also look for comparable properties.

Fairview Housing Market Home Prices & Trends

The graph above shows the Fairview TX Real Estate Median Sales Price for the last three years. As you can see the median sales price has continued to increase although interest rates have increased; in my opinion, this indicated that the real estate market in Fairview remains healthy, which is good for both sellers and buyers. Yes, a buyer could potentially purchase a home at the top of the market price point, but if the Fairview real estate market remains healthy, then property values may potentially continue to increase.

Current number of Fairview TX Homes for Sale  

The graph above shows the current estimated number of homes for sale in Fairview TX as compared to other months; the higher numbers may indicate that properties in Fairview TX, like other areas, may be sitting on the market due to variables that were discussed earlier in this article. For more information about which homes in Fairview TX are currently on the market, visit Fairview TX Homes for sale.

Fairview TX Quick Home Search Links

Fairview TX Luxury Homes For Sale Gated Communities in Fairview TX

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High End Homes For Sale in Fairview TX Homes for sale in Lovejoy ISD

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Lovejoy ISD

If you are a homeowner in the Fairview TX area, or anywhere in the DFW area for that matter, please fill out the informatiin below to request your home's estimated home value. 

About Fairview TX

Fairview TX is a town located in Collin County, Texas, United States. Fairview is a part of the Dallas-Fort Worth metropolitan area. Here are some key points about Fairview TX.

Location: Fairview TX is situated in the northeastern part of Texas, within the Dallas-Fort Worth metroplex. It's approximately 30 miles north of downtown Dallas.

Size and Population: Fairview is a relatively small town in terms of both land area and population. It is known for its suburban atmosphere and residential character.

Parks and Recreation: The town offers residents and visitors various parks and recreational facilities. The Heritage Ranch & Golf Country Club is one of the notable spots, featuring a golf course and other amenities.

Education: Fairview is served by the Lovejoy Independent School District, which includes Lovejoy High School, Willow Springs Middle School, and various elementary schools. The town is known for its commitment to quality education. View Homes for sale in Lovejoy ISD here.

Economic Landscape: While primarily residential, Fairview also has some commercial areas, and the proximity to larger cities provides residents with access to job opportunities in the broader Dallas-Fort Worth area.

Residential Community: Fairview is known for its upscale residential neighborhoods, and it attracts residents seeking a quieter suburban lifestyle while still being close to the amenities and employment opportunities of the larger metropolitan area.

It's worth noting that developments and changes in the community may have occurred since my last update in January 2022. If you're considering moving to or visiting Fairview, contact Brownstead Real Estate, LLC; we would love the opportunity to assist with your real estate needs.

What's the real current value of your home?

Thinking about selling? Find your home or condo's value in today's market, for free.

View all Fairview TX Homes for Sale February 24, 2024
36
Listed
55
Avg. DOM
$309.81
Avg. $ / Sq.Ft.
$702,500
Med. List Price
36 Properties
Page 1 of 3
Open 2/25
401 Long Cove Drive Fairview,  TX 75069
$695,000
Neighborhood: Heritage Ranch Add Ph 7
3
Beds
3F11/2
Baths
2,882
Sq.Ft.
2005
Year Built
1
Day on Site
20506198
MLS
$596,000
Neighborhood: Heritage Ranch Add Ph I
3
Beds
2
Baths
1,929
Sq.Ft.
2003
Year Built
2
Days on Site
20540197
MLS
Open 2/25
381 Oakwood Trail Fairview,  TX 75069
$1,795,000
Neighborhood: Oakwood Estates
5
Beds
4F11/2
Baths
5,890
Sq.Ft.
1994
Year Built
2
Days on Site
20535952
MLS
$1,525,000
Neighborhood: Thompson Spgs Ph 2
6
Beds
3F11/2
Baths
4,789
Sq.Ft.
2005
Year Built
3
Days on Site
20540944
MLS
$405,000
Neighborhood: Wooded Creek Villas
2
Beds
2
Baths
1,315
Sq.Ft.
2019
Year Built
10
Days on Site
20536971
MLS
Open 2/24
816 Mustang Drive Fairview,  TX 75069
$497,500
Neighborhood: Heritage Ranch Add Ph 6
2
Beds
2
Baths
2,076
Sq.Ft.
2006
Year Built
15
Days on Site
20527850
MLS
$329,800
Neighborhood: Villas In The Park Ph I
2
Beds
1F11/2
Baths
1,255
Sq.Ft.
2007
Year Built
16
Days on Site
20530469
MLS
Open 2/24
361 Benton Avenue Fairview,  TX 75069
$780,000
Neighborhood: Village of Fairview Phase II
5
Beds
4
Baths
4,417
Sq.Ft.
2007
Year Built
16
Days on Site
20527858
MLS
$1,450,000
Neighborhood: Feagin Add
4
Beds
4F11/2
Baths
4,506
Sq.Ft.
2007
Year Built
17
Days on Site
20512689
MLS
Open 2/24
412 Saddleback Drive Fairview,  TX 75069
$660,000
Neighborhood: Heritage Ranch Add Ph I
2
Beds
2
Baths
2,172
Sq.Ft.
2001
Year Built
18
Days on Site
20530969
MLS
$1,150,000
Neighborhood: Montecito Estates Add 2
4
Beds
3F11/2
Baths
2,843
Sq.Ft.
1993
Year Built
19
Days on Site
20529449
MLS
$515,000
Neighborhood: Villas In The Park Ph II
3
Beds
3
Baths
1,981
Sq.Ft.
2012
Year Built
23
Days on Site
20524769
MLS
Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Brownstead Real Estate, LLC are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.

NTREIS data last updated February 24, 2024.

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