New Fairview Housing Market Report May 2025•Wise County, Texas

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Housing Prices in New Fairview, TX

How much do homes in New Fairview, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$515,000$231/SqFt
+$35,100
+7.3%

Based on all homes listed in the last 12 months

Insight

The list price of homes in New Fairview has increased by 7.3% since last year.

Summary: The median home list price in New Fairview was $515,000 in May 2025, up 7.3% from the previous year, and the median price per square foot was $231.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Boyd-Rhome
+8.4%
New Fairview
+7.3%
Justin-Roanoke
+1.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1--
N/A
2--
N/A
3$435.6K$596.8K
+37.0%
4$498.9K$499K
0.0%
5$467.7K$750K
+60.3%

Summary: New Fairview housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +37.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +60.3%.

How does New Fairview, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

New Fairview, TX

Housing supply in New Fairview, TX

How many homes are available in New Fairview, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthMay 2025
82 months agoApr 2025
-12.5 %
Change MoMApr – May

Summary: The New Fairview real estate market had 7 homes for sale in May 2025, a 12.5 % decrease compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
200
0.0%
333
0.0%
444
0.0%
510
-100.0%

Summary: New Fairview housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -100.0%.

Days on Market for New Fairview, TX

How long does it take to sell a home in New Fairview, TX?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
86 DaysThis YearMay 2025
33 Days1 year agoMay 2024
+163.2 %
Change YoYMay 2024 – May 2025

Summary: Homes in New Fairview had an average listing age of 86 days in May 2025, up by 163.2% compared to the previous year.

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Newest Listings in New Fairview, TX

What homes are available in New Fairview, TX?

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MLS Disclaimers and Copyright

Based on information from North Texas Real Estate Information Systems Inc., for the period 06/01/2023 - 06/01/2025

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 6/2/2025, 4:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.