GemHausNew report

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 experiencing a shift towards normalization, with the median sold price recorded at $321,015. This reflects a down trend in pricing, indicating a 8% decrease since 2022. The market is characterized by elevated inventory levels and significantly longer median days on market, currently at 166 days. This extended timeframe suggests that buyers are gaining leverage in negotiations, as sellers may need to adjust expectations to facilitate sales in a more balanced environment.

Despite the cooling market dynamics, the broader economic context remains stable, with low interest rate pressure and steady job growth in the Dallas-Fort Worth area. The median listing price stands at $335,000, which indicates a notable gap between listing and sold prices, suggesting potential pricing friction as sellers adjust to the current market conditions. Overall, the market appears to be stabilizing, albeit with a cautious outlook as rental rates also show signs of softening, currently at a median of $3,340.


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
$321,015
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
166
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
low

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Forney TX 75126 area average around 5.98% to 6.05%, which is slightly lower than the recent Texas average of 6.25% seen in late February 2026, suggesting a minor cost opportunity for new financing.

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 $321,015 indicates a down trend, reflecting a 8% decrease since 2022.

  2. With 166 days on market, the extended selling period suggests a slower sales velocity and increased buyer negotiation power.

  3. The median listing price of $335,000 presents a pricing gap that may indicate pricing friction in the current market.

  4. Elevated inventory levels relative to sales activity suggest excess supply in the market, impacting overall liquidity.

  5. The rental market is showing signs of softening with a median rent of $3,340, indicating a down trend in rental rates.


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
243 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
160 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
194 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
261 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
394 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
82 days on market

Data Sources

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

Report generated: 2/25/2026

GemHaus

Get personalized market intelligence

View property-level details in Forney, TX get valuations, rent estimates, operating costs, and pro-forma insights.

Nearby Market Reports