The Dunnican Team at Coldwell Banker Apex — North Texas Real Estate
Forney TX housing market update — monthly home prices, inventory trends, and market conditions from NTREIS MLS data
Forney's February 2026 housing market shows a community absorbing its rapid growth phase with mixed signals — closed sales fell 31.3% to 44 transactions and months of inventory rose to 4.9, yet days on market improved 19 days to 96 and the pace to close also quickened. The median sale price of $274,990 declined 26.8%, heavily influenced by a closing mix concentrated in the $200–$299k range. At 4.9 months of supply and a 92.6% close-to-list ratio, buyers hold meaningful leverage here — particularly relative to new construction alternatives. This report covers Forney housing market conditions for February 2026 based on NTREIS MLS data

Forney, TX Housing Market Update – March 2026

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

Forney has been one of the fastest-growing communities in the DFW metro — a Kaufman County city that attracted wave after wave of new construction buyers drawn by affordability, newer homes, and a location close enough to Dallas to be practical. February's data shows a market that's digesting that growth period and recalibrating. The headline numbers look dramatic; the underlying dynamics are more nuanced.

Key Highlights | Forney Housing Market Update

  • Median Sale Price: $274,990 (↓ 26.8% YoY)
  • Closed Sales: 44 (↓ 31.3% YoY)
  • Active Listings: 276 (↓ 10.1% YoY)
  • Months of Inventory: 4.9 (↑ 1.6 months YoY)
  • Median Days on Market: 96 (↓ 19 days YoY)
  • Median Price per Sq Ft: $151.21 (↓ 5.3% YoY)
  • Close-to-Original List Price: 92.6%

PRICES
Forney's February median of $274,990 — down 26.8% from a year ago — is the number most likely to generate alarm, and it deserves careful interpretation. The $200–$299k price range dominated February closings at 53.7%, with $300–$399k adding 26.8%. That concentration in the lower-to-mid price tier is what drove the median downward from what was likely a higher-priced closing mix in February 2025. Price per square foot at $151.21 — down a more modest 5.3% — tells a more measured story. The median year built of 2018 reflects Forney's character as a largely new-construction-era community. This is a market where builder-driven supply and newer-vintage homes dominate, and where monthly median variability is heavily influenced by which specific communities and price points delivered closings in a given month.

SALES ACTIVITY
Forty-four closed sales — down 31.3% from 64 in February 2025 — is a meaningful volume decline that reflects both the broader DFW buyer hesitation pattern and Forney's specific dynamic of competing against an extensive new construction pipeline. Buyers in this market have a wide field of options — resale, spec homes, and build-to-order — which slows decision-making. The encouraging counter-signal is pace: homes averaged 96 days on market, down 19 days from last February. Total transaction time fell 23 days to 126 days. Days to close improved to 30, down 4 from a year ago. Homes that are priced correctly are moving faster than they were — the volume decline is about buyer hesitation on the front end, not an inability to close once committed.

INVENTORY
Here's where Forney's data produces an interesting apparent contradiction: active listings fell 10.1% to 276, yet months of inventory rose 1.6 months to 4.9. When listings fall but months of supply rise, it means sales volume fell faster than listings did — which is exactly what happened. With 44 closings against 276 active listings, absorption slowed enough to push the inventory ratio higher even as the raw listing count contracted. At 4.9 months of supply, Forney sits just below the 5.0-month buyer-market threshold, leaning toward buyer-balanced territory. New construction competition — from builders who can offer rate buydowns and incentives that resale sellers typically can't match — continues to be a defining dynamic in this market.

MARKET BALANCE
At 4.9 months of inventory and a close-to-list ratio of 92.6% — down from 96.4% in early 2024 — Forney is operating in buyer-leaning balanced territory. Buyers are negotiating roughly 7–8% off original list price on average. In Forney's price range, that translates to approximately $20,000–$22,000 in typical negotiating room from a $275,000 list price. Sellers competing against new construction need to price with precision and present their homes in move-in-ready condition to justify the resale premium over builder inventory with incentives attached.

What Sellers Need to Know

  • You're competing against builders who offer rate buydowns and closing cost incentives — price your resale home to compete on value, not just square footage.
  • Days on market improved 19 days year over year — correctly priced homes are moving faster, which is an important signal. Get the price right from day one.
  • The close-to-list ratio of 92.6% means buyers expect to negotiate — build that expectation into your list price rather than treating it as an unwelcome surprise mid-contract.
  • Active listings fell 10.1% — your competition pool is smaller than a year ago, which concentrates buyer attention on fewer available homes.

What Buyers Need to Know

  • 276 active listings at 4.9 months of supply gives you genuine selection and negotiating leverage — this is one of the stronger buyer-position markets in the eastern DFW corridor.
  • Compare builder incentives against resale value carefully — rate buydowns can be attractive upfront but a well-priced resale may offer better long-term equity.
  • The close-to-list ratio of 92.6% confirms meaningful negotiating room — come with a well-researched offer rather than a reflexive lowball, but don't feel pressured to pay list price either.
  • The median year built of 2018 means most available inventory is relatively new — lower maintenance risk, though inspection due diligence remains important regardless of age.

2026 Forney Housing Market Forecast

Forney's 2026 trajectory depends heavily on two variables: how aggressively builders continue to deliver new inventory, and whether mortgage rates ease enough to reactivate the rate-sensitive first-time buyer demographic that forms the backbone of demand in this price range. At a median near $275,000, Forney is squarely in the most rate-sensitive price tier in the DFW market — even a modest improvement in rates could meaningfully accelerate buyer engagement.

The pace improvement — 19 fewer days on market year over year — is one of the more encouraging signals in February's data. If that trend holds into spring, it would suggest the market is finding a more efficient equilibrium between supply and demand even as volume remains soft.

Forney's affordability relative to Rockwall County and the closer-in eastern suburbs remains its primary value proposition. As long as that pricing gap persists, the community will continue to attract buyers who prioritize newer construction and more space per dollar over urban proximity.

Buying or selling in Forney? The Dunnican Team serves buyers and sellers across the eastern DFW corridor and can help you navigate both resale and new construction decisions with clear, data-driven guidance. Let's talk.

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.

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