Grayson County Real Estate Market Update: February 2025
Grayson County Real Estate Market Update: February 2025
As of February 2025, Grayson County's real estate market exhibits notable trends that both buyers and sellers should consider.
Market Highlights:
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Median Home Value: The average home value in Grayson County stands at $282,041, reflecting a 1.4% increase over the past year.
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Median Sale Price: In December 2024, homes sold for a median price of $330,245, marking a 4.5% rise compared to the previous year.
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Inventory Levels: The county had 1,193 homes for sale in January 2025, an 8.2% increase from December 2024, suggesting a growing inventory.
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Days on Market: Homes are spending an average of 107 days on the market, a 30.4% decrease from the previous year, indicating quicker sales.
Emerging Developments:
Significant growth is anticipated near U.S. 75, where plans are underway for thousands of new homes and apartments on nearly 1,500 acres, potentially reshaping the local housing landscape.
Tips for Buyers and Sellers:
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For Buyers: With increasing inventory and stable prices, it's an opportune time to explore available properties. Acting swiftly is advisable, given the reduced days on market.
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For Sellers: The quicker turnover suggests a favorable environment for listings. Proper pricing and home presentation remain crucial to attract potential buyers.
Grayson County's real estate market is experiencing dynamic changes. Staying informed and consulting with local real estate professionals can provide valuable insights tailored to your specific needs.
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