Is Leonard, TX 75452 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Leonard is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score6/ 100

More competitive than 2% of U.S. ZIP codes, and #826 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply7.4Under 4 months = seller’s market
Sold above original list4%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market145Listing to accepted offer
Median price per sq ft$188▲ +6.7% vs. last year

The Leonard housing market right now

In the three months ending August 31, 2026, 4% of homes in Leonard, TX 75452 sold above their list price, the typical home went under contract in 145 days and there were 7.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 26 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (92 days then) and the median sale price rose 43% to $512,778. Overall, Leonard is less competitive than a year ago, which gives buyers more room.

Within Fannin County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Leonard ranks #826 of 868 TX ZIP codes with enough sales (score 6 out of 100).

Nearby, buyers who want less competition could look at Telephone 75488 (0% sold over asking) or Honey Grove 75446 (0% sold over asking), while Savoy 75479 (50% sold over asking) and Bonham 75418 (13% sold over asking) are even more competitive.

Nearby markets

Bonham 75418Buyer’s market $136 /sq ftDodd City 75438Seller’s market $192 /sq ftEctor 75439Buyer’s market $166 /sq ftHoney Grove 75446 $240 /sq ft Browse all markets →

Where Leonard is

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Questions about Leonard real estate

Is Leonard a buyer’s or seller’s market?

A buyer’s market: there were 7.4 months of supply in Leonard, TX 75452 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Leonard?

The typical home went under contract in 145 days in the latest three months.

Do homes in Leonard sell over asking?

4% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.

What are property taxes in Leonard?

About 1.08% of a home’s value a year in Fannin County, or roughly $4,320 on a $400,000 home.

What is the median home price in Leonard?

The median sale price was $512,778 in the three months ending August 31, 2026, about $188 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology