Mansfield, TX Housing Market — 1,087 Homes Sold (September 2025 – September 2026)
The edge goes to buyers: homes typically take 42 days and only 13.5% beat their asking price.
Mansfield market at a glance
- Homes sold (12 months): 1,087
- Median sale price: $480,000 (about $2,731/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $184
- Median days on market (list to contract): 42; 16.9% went under contract within a week
- Sold over asking: 13.5% · Sold under asking: 65.6%
- Typical home: 4 bed, 2,574 sqft, built 2008, mostly Mansfield ISD
- Price range of sales: $109,000 – $2,331,150
- On the market right now: 304 active listings, 104 under contract, 3.4 months of supply, median asking $539,450
- How buyers paid: Conventional 57.5%, FHA 13%, VA 13%, Cash 14.2%, Other 2.4%
- Seller contributions: 55.6% of sellers chipped in, typically $10,000
- Contract to close: about 29 days
- Median rent (same home types, 460 closed leases): $2,595/month — owning the median home runs about $2,731/month principal & interest with 10% down
- HOA: 68.4% of sales had a mandatory HOA, typically $60/month
- New construction: 27.2% of sales, median $550,000 vs $429,900 resale
Five-year price history in Mansfield
Median sale price by quarter: 2022 Q1: $449,750 · 2023 Q1: $500,000 · 2024 Q1: $485,250 · 2025 Q1: $470,000 · 2026 Q1: $468,500 · 2026 Q3: $473,000.
Median price by elementary school zone
- Annette Perry: 192 sales, median $529,346, $197/sqft
- Boren: 150 sales, median $375,000, $182/sqft
- Brenda Norwood: 129 sales, median $553,330, $189/sqft
- Mary Jo Sheppard: 93 sales, median $359,000, $186/sqft
- Smith: 81 sales, median $457,300, $178/sqft
- Brown: 68 sales, median $570,988, $198/sqft
- Tipps: 61 sales, median $402,000, $164/sqft
- Nancy Neal: 59 sales, median $500,000, $179/sqft
- Ponder: 56 sales, median $520,500, $176/sqft
- Reid: 55 sales, median $397,500, $180/sqft
- Nash: 47 sales, median $290,000, $198/sqft
- Judy Miller: 36 sales, median $522,500, $168/sqft
Pricing right vs. cutting the price in Mansfield
Sellers who held their original asking price sold in 14 days at 99.1% of ask. Sellers who overpriced and later cut took 89 days and kept 91.4% of the original ask — roughly $38,500 left on the table on a typical Mansfield listing.
Most active Mansfield neighborhoods
- M3 Ranch: 64 sales, median $556,000, 67 days on market
- Walnut Creek Valley Add: 59 sales, median $365,000, 22 days on market
- South Pointe: 52 sales, median $600,000, 150 days on market
- Heritage Estates Add: 29 sales, median $395,000, 29 days on market
- Birdsong: 28 sales, median $643,475, 104 days on market
- Somerset Classic 70s & 80s: 25 sales, median $600,000, 108 days on market
- Country Meadows Add: 22 sales, median $312,500, 11 days on market
- Villages At Spring Lake The: 22 sales, median $411,500, 20 days on market
- Retta Estates: 21 sales, median $445,000, 49 days on market
- Walnut Creek North Add: 17 sales, median $500,000, 38 days on market
Nearby markets
Fort Worth · Arlington · North Richland Hills · Crowley · Azle · Keller · Bedford · Grapevine
Common questions
Is now a good time to buy in Mansfield? The edge goes to buyers: homes typically take 42 days and only 13.5% beat their asking price.
What does the typical Mansfield home cost? $480,000 — about $184 per square foot, or roughly $2,731/month with 10% down before taxes and insurance.
How fast do homes sell in Mansfield? The typical home went under contract in 42 days; 16.9% sold within the first week.
Is it cheaper to rent or buy in Mansfield? The median Mansfield lease ran $2,595/month this year, while principal and interest on the median $480,000 home is roughly $2,731/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.