Home values in Meadow Creek South have edged down over the past year, with the typical home value now slightly below where it was last summer even after a modest recent uptick. The rolling three-month median sale price is about $289,000, down roughly 2% year over year, while the median list price has inched up around 3%, suggesting sellers are still testing higher price points. Compared with the broader Fort Worth area, where the median sale price is closer to $340,000 and nearly flat year over year, Meadow Creek South sits at a more affordable level.
Listing and contract activity has shifted notably in this rolling three-month view. Active listings are down more than a third from a year ago, and homes sold have fallen about 60%, yet pending sales are up more than 150%. New listings are down sharply from last year, signaling fewer fresh options coming on the market.
Conditions have also cooled in terms of speed and leverage. Typical days on market have stretched to about 86 days, dramatically higher than a year ago, and months of supply has climbed to roughly 6.3, up more than fourfold and pointing to more balance between buyers and sellers than in Fort Worth overall. At the same time, homes are still closing very close to asking price, with an average sale-to-list ratio just under 100%, and virtually none selling above list recently. With these mixed signals, both buyers and sellers in Meadow Creek South can benefit from Agent Pronto’s help in finding an agent who understands the current dynamics.
