Caddo Mills, TX Housing Market Update – March 2026

Reporting Period: Feb 1–Feb 28, 2026 • Data via NTREIS

Caddo Mills is a small but quietly growing Hunt County community — one that attracts buyers seeking more space, lower price points, and a rural feel within reasonable distance of the DFW metro. February's data is extremely limited in scope, and any conclusions drawn from it should be held loosely. The numbers reflect four transactions in a single month — nothing more, and nothing less.

PRICES
Caddo Mills' February median sale price of $305,000 — up 10.1% from the prior year comparison — should be read with significant caution given the four-transaction sample and the absence of recorded sales data from February 2025 in the time-and-value dashboard. What we can say with more confidence is that the $200–$299k range dominated this month's closings at 50%, with the $300–$399k and $400–$499k bands each contributing 25%. Price per square foot came in at $169.71 — a figure that reflects the community's character as an accessible, value-oriented market relative to the broader DFW metro. The median year built of 2020 suggests much of what's actively trading is relatively new construction.

SALES ACTIVITY
Four closed sales in February is a thin month even by Caddo Mills standards. Homes averaged 173 days on market — a long runway that reflects both the community's small buyer pool and the reality that properties here often require more time to find the right match. Days to close came in at 25, which is actually efficient once a buyer is under contract. The 89.5% close-to-list ratio suggests buyers are negotiating a meaningful discount off original asking price — not unusual for a smaller market where overpricing is common and correction takes time.

INVENTORY
Active listings stood at 19 in February — and months of inventory registered just 2.0, the tightest reading among all the markets covered in this report. That low inventory figure is partly a function of the small absolute number of listings rather than a surge in demand; in a community where 4 homes close per month, 19 listings produces a mathematically tight supply ratio. That said, a genuine scarcity of available homes does benefit sellers who are actively on the market — less competition means more buyer attention per property.

MARKET BALANCE
The 2.0-month inventory figure technically places Caddo Mills in seller-leaning territory, but the 89.5% close-to-list ratio tells a more nuanced story — buyers are still negotiating meaningfully, and extended days on market suggest the community doesn't have the demand velocity to support aggressive pricing. This is a market where realistic pricing and targeted marketing matter enormously. Buyers with patience and the right rural-suburban priorities can find genuine value here relative to Rockwall County's more established communities.

2026 Caddo Mills Housing Market Forecast

Caddo Mills' 2026 trajectory will be shaped largely by two factors: whether infrastructure and employment expansion in the broader Hunt County corridor continues, and how mortgage rate sensitivity plays out among the first-time and move-up buyers this community primarily serves. At a median near $300,000, Caddo Mills sits in the most rate-sensitive price tier in the region — any meaningful improvement in mortgage rates is likely to reactivate demand here more quickly than in higher-priced markets.

The tightness of current inventory — 19 active listings — means the market could respond quickly to a demand uptick, with limited supply to absorb new buyer interest. That dynamic could support pricing in the near term even without a dramatic increase in transaction volume.

Given the extremely small monthly transaction volume, Caddo Mills' market direction is best assessed over rolling six-month periods rather than month-to-month snapshots.

Source: NTREIS MLS (Feb 1–Feb 28, 2026) with February 2025 comparison metrics from the Texas REALTORS® Data Relevance Project, in partnership with the Real Estate Center at Texas A&M University.