The housing market in Fabens continues to see strong price appreciation, with values up 108.2% compared to last year. The median home price of $177,000 represents a substantial 108.2% increase from this time last year. With 7 active listings, inventory is 133% higher than seasonal norms. Homes are taking about 169 days to sell, which is -9 days longer than this time last year. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Fabens market with the affordability index at 234.3. Based on current market indicators, home prices in Fabens are projected to increase by approximately 7.4% over the next month.
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