Lucas, TX Housing Market — 135 Homes Sold (September 2025 – September 2026)

Q: What does the typical Lucas home cost?

The typical Lucas home sold for $1,060,000 (about $284 per square foot) over the last twelve months.

Q: How fast do homes sell in Lucas?

The typical Lucas home went under contract in 48 days; 14.8% sold within the first week.

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

The median Lucas lease ran $4,000/month this year; principal and interest on the median $1,060,000 home is roughly $6,030/month with 10% down.

Buyers hold the cards: most homes sell under asking and take about 48 days to find a buyer.

Lucas market at a glance

Homes sold (12 months): 135
Median sale price: $1,060,000 (about $6,030/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $284
Median days on market (list to contract): 48; 14.8% went under contract within a week
Sold over asking: 3% · Sold under asking: 83%
Typical home: 4 bed, 3,944 sqft, built 2013, mostly Lovejoy ISD
Price range of sales: $316,000 – $3,500,000
On the market right now: 72 active listings, 18 under contract, 6.4 months of supply, median asking $1,267,500
How buyers paid: Conventional 65.9%, FHA 2.2%, VA 8.1%, Cash 21.5%, Other 2.2%
Seller contributions: 44.4% of sellers chipped in, typically $7,500
Contract to close: about 31 days
Median rent (same home types, 20 closed leases): $4,000/month — owning the median home runs about $6,030/month principal & interest with 10% down
HOA: 69.6% of sales had a mandatory HOA, typically $79/month
New construction: 19.3% of sales, median $704,950 vs $1,115,000 resale

Five-year price history in Lucas

Median sale price by quarter: 2022 Q1: $1,037,500 · 2023 Q1: $991,500 · 2024 Q1: $840,000 · 2025 Q1: $1,110,500 · 2026 Q1: $1,050,000 · 2026 Q3: $969,000.

Median price by elementary school zone

Hart: 69 sales, median $1,225,000, $306/sqft
George W Bush: 17 sales, median $645,000, $215/sqft
Hunt: 17 sales, median $1,299,900, $310/sqft
Webb: 8 sales, median $907,500, $319/sqft

Pricing right vs. cutting the price in Lucas

Sellers who held their original asking price sold in 20 days at 97.3% of ask. Sellers who overpriced and later cut took 104 days and kept 88.4% of the original ask — roughly $102,300 left on the table on a typical Lucas listing.

Most active Lucas neighborhoods

Inspiration: 19 sales, median $635,000, 54 days on market
Lakeview Downs: 8 sales, median $847,500, 93 days on market

Nearby markets

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

Common questions

Is now a good time to buy in Lucas? Buyers hold the cards: most homes sell under asking and take about 48 days to find a buyer.

What does the typical Lucas home cost? $1,060,000 — about $284 per square foot, or roughly $6,030/month with 10% down before taxes and insurance.

How fast do homes sell in Lucas? The typical home went under contract in 48 days; 14.8% sold within the first week.

Is it cheaper to rent or buy in Lucas? The median Lucas lease ran $4,000/month this year, while principal and interest on the median $1,060,000 home is roughly $6,030/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.