Lavon, TX Housing Market: 700 Homes Sold (September 2025 to September 2026)

Q: What does the typical Lavon home cost?

The typical Lavon home sold for $339,445 (about $162 per square foot) over the last twelve months.

Q: How fast do homes sell in Lavon?

The typical Lavon home went under contract in 77 days; 6.3% sold within the first week.

Q: Is it cheaper to rent or buy in Lavon?

The median Lavon lease ran $2,275/month this year; principal and interest on the median $339,445 home is roughly $1,931/month with 10% down.

Buyers hold the cards: most homes sell under asking and take about 77 days to find a buyer.

Lavon market at a glance

Homes sold (12 months): 700
Median sale price: $339,445 (about $1,931/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $162
Median days on market (list to contract): 77; 6.3% went under contract within a week
Sold over asking: 5.3% · Sold under asking: 64.9%
Typical home: 4 bed, 2,184 sqft, built 2025, mostly Community ISD
Price range of sales: $235,000 – $1,100,000
On the market right now: 238 active listings, 60 under contract, 4.1 months of supply, median asking $364,990
How buyers paid: Conventional 42.6%, FHA 39.7%, VA 8.3%, Cash 7.4%, Other 2%
Seller contributions: 85.1% of sellers chipped in, typically $10,000
Contract to close: about 29 days
Median rent (same home types, 129 closed leases): $2,275/month. Owning the median home runs about $1,931/month principal & interest with 10% down
HOA: 96.6% of sales had a mandatory HOA, typically $79/month
New construction: 82.4% of sales, median $339,990 vs $324,990 resale

Five-year price history in Lavon

Median sale price by quarter: 2022 Q1: $384,000 · 2023 Q1: $400,000 · 2024 Q1: $377,613 · 2025 Q1: $373,000 · 2026 Q1: $339,945 · 2026 Q4: $319,990.

Median price by elementary school zone

Nesmith: 357 sales, median $324,990, $159/sqft
Mary Lou Dodson: 263 sales, median $334,490, $159/sqft
Akin: 42 sales, median $457,450, $181/sqft
Kreymer: 32 sales, median $482,477, $188/sqft

Pricing right vs. cutting the price in Lavon

Sellers who held their original asking price sold in 24 days at 98.7% of ask. Sellers who overpriced and later cut took 96 days and kept 91.7% of the original ask, roughly $25,400 left on the table on a typical Lavon listing.

Most active Lavon neighborhoods

Elevon: 248 sales, median $334,995, 79 days on market
Trails of Lavon: 165 sales, median $325,000, 66 days on market
Hillstead: 74 sales, median $473,695, 113 days on market
Nicholson Ranch: 42 sales, median $319,995, 45 days on market
Lakepointe: 28 sales, median $344,990, 90 days on market
Elevon South: 16 sales, median $318,450, 92 days on market
Grand Heritage Club: 16 sales, median $288,500, 32 days on market
Bear Creek Classic 60: 8 sales, median $486,888, 162 days on market
Lavon Farms: 8 sales, median $315,500, 51 days on market

Nearby markets

McKinney · Plano · Princeton · Celina · Allen · Anna · Wylie · Prosper

Common questions

Is now a good time to buy in Lavon? Buyers hold the cards: most homes sell under asking and take about 77 days to find a buyer.

What does the typical Lavon home cost? $339,445, about $162 per square foot, or roughly $1,931/month with 10% down before taxes and insurance.

How fast do homes sell in Lavon? The typical home went under contract in 77 days; 6.3% sold within the first week.

Is it cheaper to rent or buy in Lavon? The median Lavon lease ran $2,275/month this year, while principal and interest on the median $339,445 home is roughly $1,931/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.