Lavon, TX Housing Market — 735 Homes Sold (September 2025 – September 2026)

Q: What does the typical Lavon home cost?

The typical Lavon home sold for $340,000 (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 75 days; 6.1% sold within the first week.

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

The median Lavon lease ran $2,250/month this year; principal and interest on the median $340,000 home is roughly $1,934/month with 10% down.

Buyers hold the cards: most homes sell under asking and take about 75 days to find a buyer.

Lavon market at a glance

Homes sold (12 months): 735
Median sale price: $340,000 (about $1,934/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): 75; 6.1% went under contract within a week
Sold over asking: 5% · Sold under asking: 67.5%
Typical home: 4 bed, 2,185 sqft, built 2025, mostly Community ISD
Price range of sales: $235,000 – $1,100,000
On the market right now: 248 active listings, 71 under contract, 4 months of supply, median asking $364,990
How buyers paid: Conventional 43.9%, FHA 38.8%, VA 8.2%, Cash 7.8%, Other 1.4%
Seller contributions: 86.8% of sellers chipped in, typically $10,000
Contract to close: about 29 days
Median rent (same home types, 127 closed leases): $2,250/month — owning the median home runs about $1,934/month principal & interest with 10% down
HOA: 96.7% of sales had a mandatory HOA, typically $79/month
New construction: 84.9% of sales, median $341,500 vs $330,000 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 Q3: $349,990.

Median price by elementary school zone

Nesmith: 357 sales, median $332,490, $161/sqft
Mary Lou Dodson: 294 sales, median $334,557, $158/sqft
Akin: 53 sales, median $465,990, $182/sqft
Kreymer: 24 sales, median $484,150, $189/sqft

Pricing right vs. cutting the price in Lavon

Sellers who held their original asking price sold in 25 days at 98.2% of ask. Sellers who overpriced and later cut took 91 days and kept 91.5% of the original ask — roughly $25,000 left on the table on a typical Lavon listing.

Most active Lavon neighborhoods

Elevon: 243 sales, median $339,990, 75 days on market
Trails of Lavon: 205 sales, median $325,000, 69 days on market
Hillstead: 78 sales, median $477,742, 126 days on market
Lakepointe: 40 sales, median $347,450, 87 days on market
Nicholson Ranch: 33 sales, median $324,990, 42 days on market
Elevon South: 16 sales, median $339,950, 102 days on market
Grand Heritage Club: 12 sales, median $294,875, 30 days on market
Bear Creek Classic 60: 9 sales, median $475,000, 180 days on market
Bear Creek Elements: 8 sales, median $361,995, 145 days on market
Lavon Farms: 8 sales, median $315,500, 46 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 75 days to find a buyer.

What does the typical Lavon home cost? $340,000 — about $162 per square foot, or roughly $1,934/month with 10% down before taxes and insurance.

How fast do homes sell in Lavon? The typical home went under contract in 75 days; 6.1% sold within the first week.

Is it cheaper to rent or buy in Lavon? The median Lavon lease ran $2,250/month this year, while principal and interest on the median $340,000 home is roughly $1,934/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.