Is Forreston, TX 76041 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Forreston is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market39Listing to accepted offer
Median price per sq ft$95▼ −79.4% vs. last year

The Forreston housing market right now

In the three months ending August 31, 2026, 0% of homes in Forreston, TX 76041 sold above their list price and the typical home went under contract in 39 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price fell 71% to $249,892. Overall, Forreston is about as competitive as it was a year ago.

Within Ellis County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Red Oak 75154 (14% sold over asking) and Ennis 75119 (12% sold over asking) are even more competitive.

Nearby markets

Avalon 76623 — /sq ftEnnis 75119Balanced $156 /sq ftFerris 75125Seller’s market $167 /sq ftItaly 76651Balanced $162 /sq ft Browse all markets →

Where Forreston is

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Questions about Forreston real estate

How fast do homes sell in Forreston?

The typical home went under contract in 39 days in the latest three months.

Do homes in Forreston sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Forreston?

About 1.35% of a home’s value a year in Ellis County, or roughly $5,400 on a $400,000 home.

What is the median home price in Forreston?

The median sale price was $249,892 in the three months ending August 31, 2026, about $95 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