Ovilla, TX Housing Market — 71 Homes Sold (September 2025 – September 2026)
Buyers hold the cards: most homes sell under asking and take about 46 days to find a buyer.
Ovilla market at a glance
- Homes sold (12 months): 71
- Median sale price: $540,000 (about $3,072/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $187
- Median days on market (list to contract): 46; 19.7% went under contract within a week
- Sold over asking: 1.4% · Sold under asking: 67.6%
- Typical home: 4 bed, 2,799 sqft, built 2005, mostly Red Oak ISD
- Price range of sales: $165,000 – $960,000
- On the market right now: 31 active listings, 7 under contract, 5.2 months of supply, median asking $694,950
- How buyers paid: Conventional 60.6%, FHA 4.2%, VA 16.9%, Cash 14.1%, Other 4.2%
- Seller contributions: 63.4% of sellers chipped in, typically $11,000
- Contract to close: about 30 days
- HOA: 53.5% of sales had a mandatory HOA, typically $34/month
- New construction: 23.9% of sales, median $765,000 vs $505,000 resale
Five-year price history in Ovilla
Median sale price by quarter: 2022 Q1: $465,000 · 2023 Q1: $507,942 · 2024 Q1: $539,990 · 2025 Q1: $557,500 · 2026 Q1: $512,500 · 2026 Q3: $502,500.
Median price by elementary school zone
- Dolores McClatchey: 27 sales, median $540,000, $196/sqft
- Red Oak: 21 sales, median $760,000, $177/sqft
- Shields: 14 sales, median $428,450, $186/sqft
Pricing right vs. cutting the price in Ovilla
Sellers who held their original asking price sold in 22 days at 97.1% of ask. Sellers who overpriced and later cut took 100 days and kept 94.5% of the original ask — roughly $14,600 left on the table on a typical Ovilla listing.
Most active Ovilla neighborhoods
- Broadmoor Estates: 16 sales, median $775,000, 53 days on market
Nearby markets
Waxahachie · Midlothian · Ennis · Red Oak · Ferris · Palmer · Maypearl · Italy
Common questions
Is now a good time to buy in Ovilla? Buyers hold the cards: most homes sell under asking and take about 46 days to find a buyer.
What does the typical Ovilla home cost? $540,000 — about $187 per square foot, or roughly $3,072/month with 10% down before taxes and insurance.
How fast do homes sell in Ovilla? The typical home went under contract in 46 days; 19.7% sold within the first week.
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.