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Forney, TX 75126 Real Estate Market Report

ZIP Code: 75126
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The Forney, TX market is currently characterized by a median sold price of $319,215.50, reflecting a shift towards price normalization as the market adjusts to recent trends. The neighborhood has decreased 8% since 2022, indicating a cooling in buyer activity and a potential adjustment in seller expectations. With a median days on market of 167, properties are experiencing slower sales velocity, suggesting a need for more strategic pricing and marketing approaches to attract buyers in this environment.

Despite these challenges, the market is showing signs of resilience, supported by strong local economic growth which may indicate robust future housing demand. The median listing price stands at $335,000, creating a notable gap between asking prices and actual sold prices, which could lead to increased negotiation opportunities for buyers. The current market temperature is assessed as neutral, suggesting a balanced environment where both buyers and sellers may find common ground, albeit with elevated interest rate pressure continuing to influence buyer sentiment.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
Last 90 Days
Total Properties Analyzed
273
Active Listings
100
Sold Properties
173

Market Metrics

Median Listing Price
$335,000
Median Sold Price
$319,216
Median Price per Sqft
$152/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$3,340

Property Taxes

Property Tax Rate
0.42%

Liquidity & Velocity

Median Days on Market
167
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Forney TX 75126 market at approximately 5.97% are slightly lower than the January 2026 average of 6.64%, presenting a minor refinancing opportunity.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The median sold price of $319,215.50 reflects a significant decrease of 8% since 2022, indicating a cooling market.

  2. With a median days on market of 167, properties are experiencing slower sales velocity, suggesting a need for caution in pricing strategies.

  3. The median listing price of $335,000 creates a notable gap compared to the sold price, which may lead to increased negotiation opportunities for buyers.

  4. Current interest rate pressure is assessed as elevated, continuing to influence buyer selectivity and market dynamics.

  5. The median market rent is $3,340, indicating a strong rental demand that could support future housing market stability.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

Last 90 Days
4101 Yellow Jasmine Ln, Heartland, TX 75126
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
4 baths
3,752 sqft
$685,000
Jan 1, 2026
$183/sqft/sqft
237 days on market
18198 Langford Ln, Forney, TX 75126
Premium

Sold above market average

4 beds
2.5 baths
3,094 sqft
$650,000
Jan 1, 2026
$210/sqft/sqft
154 days on market
16154 O Conner Ave, Forney, TX 75126
Premium

Sold above market average

4 beds
4 baths
3,721 sqft
$649,000
Jan 1, 2026
$174/sqft/sqft
188 days on market
2927 Rosemount Ln, Heartland, TX 75126
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,984 sqft
$318,811
Dec 1, 2025
$161/sqft/sqft
1140 Redcoat Dr, Forney, TX 75126
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds
- baths
2,307 sqft
$318,000
Jan 1, 2026
$138/sqft/sqft
1112 Redcoat Dr, Forney, TX 75126
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
3 baths
2,425 sqft
$316,590
Dec 1, 2025
$131/sqft/sqft
255 days on market
413 Redbud Dr, Forney, TX 75126
Quick Flip

Sold below market average

3 beds
1.5 baths
1,671 sqft
$185,250
Dec 1, 2025
$111/sqft/sqft
388 days on market
708 Redbud Dr, Forney, TX 75126
Quick Flip

Sold below market average

3 beds
2 baths
1,408 sqft
$149,900
Dec 1, 2025
$106/sqft/sqft
76 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 2/19/2026

GemHaus

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