What Does It Actually Cost to Live in Farmers Branch, Texas in 2026?
Farmers Branch splits into a $360,000 resale market and pricier new construction at Mercer Crossing. Here's what actually drives that 2026 price gap in DFW.
What Does It Actually Cost to Live in Farmers Branch, Texas in 2026?
Farmers Branch splits into two different markets that get counted as one. Resale homes on the city's original mid-century streets have a Redfin median sale price of $360,000, down 9.1% from a year earlier. New single-family and townhome construction inside the 370-acre Mercer Crossing development runs well above that. Zillow's broader home-value index for the whole city sits at $376,941, up 1.3% year over year, which is the newer product pulling the citywide average up even as older resale streets cool.
By Paul Blair | September 15, 2026
Ask two different sites what a house costs in Farmers Branch and you'll get two different answers, and both are correct. Redfin puts the median sale price at $360,000, with homes averaging $221 a square foot and sitting on the market 60 days, up from 47 days a year ago. Zillow's home-value index, which weights the full housing stock rather than just recent closings, puts the citywide figure at $376,941. That gap isn't a data error. It's two segments of the same 12.7-square-mile city being counted together: an older resale inventory built when Farmers Branch was one of Dallas's first postwar suburbs, and a wave of new construction going up inside Mercer Crossing on the city's west side.
Farmers Branch sits directly between two suburbs Dallas-area buyers already know. Addison, two miles north, has a Redfin median of $534,646. Carrollton, which shares a border and a school district with Farmers Branch, is at $414,726. Farmers Branch, at $360,000, is the lower-priced entry point of the three, and that price gap is the single biggest reason it comes up in buyer conversations at all.
Two Markets, One Zip Code
The original Farmers Branch neighborhoods, the streets around Valley View Lane, Webb Chapel Road, and Marsh Lane, are mostly one-story brick homes on quarter-acre lots built in the 1950s and 1960s. This is the resale stock driving Redfin's $360,000 median and the longer, 60-day time on market. Inventory here turns over slowly by design: these are established streets with mature trees and larger lots than anything being built new in the DFW core today, and owners who bought here decades ago tend to stay.
Mercer Crossing is the other half of the story. It's a 370-acre master-planned district southeast of I-635 and Luna Road, developed by Centurion American, with new single-family homes and townhomes, including The Abbey, a luxury townhome phase built by First Texas Homes. The development includes three amenity centers with pools, two dog parks, walking trails, a planned city-owned park, and waterfront dining at Mercer Boardwalk. New construction here commands meaningfully more than the resale side of the city, and it's the segment pulling Zillow's citywide value index upward even while older streets show a year-over-year decline.
If you're pricing a move into Farmers Branch, the first question isn't "what does a house cost here." It's "which of these two markets am I actually looking at." Our buyer's guide walks through how to separate those two questions before you start touring.
The original Farmers Branch streets, platted decades before Mercer Crossing broke ground, still carry the city's largest lot sizes.
The Center of Town Hasn't Moved
Farmers Branch's civic core, City Hall, the library, and Farmers Branch Historical Park, sits along Rawhide Creek near the middle of the city. The park itself is 27 acres, established by the city in 1981 and opened in 1986, and it anchors the Gilbert House, built in 1856 and listed on the National Register of Historic Places in 1988 as the oldest rock structure on its original foundation in Dallas County. It's a small detail, but it says something about how long this particular stretch of Dallas County has been continuously settled, well before most of the surrounding suburbs existed.
The DART Green Line's Farmers Branch Station sits within walking distance of that same civic core, with 164 free parking spaces and a direct rail line into downtown Dallas. For buyers weighing a commute against a purchase price, that station is one of the more concrete reasons Farmers Branch gets cross-shopped against Addison and Carrollton, neither of which has a rail stop this close to their own city centers.
How Farmers Branch Compares on Price
| City | Median Sale Price | YoY Change | Price per Sq Ft | Days on Market |
|---|---|---|---|---|
| Farmers Branch | $360,000 | -9.1% | $221 | 60 |
| Carrollton | $414,726 | -3.2% | $206 | 36 |
| Addison | $534,646 | +1.6% | $293 | 57 |
Source: Redfin city-level housing market data, pulled September 2026.
Carrollton homes are selling faster (36 days) despite a higher price point, which tells you inventory is tighter there than in Farmers Branch right now. Addison is priced highest of the three but is also the smallest by land area, which keeps its available inventory limited no matter what buyers are willing to pay. Farmers Branch, with the lowest median and the longest days on market, is where a buyer priced out of Addison or outbid in Carrollton typically lands next, and where a Carrollton seller trading up sometimes looks first if they want to stay close without paying the Addison premium.
Carrollton-Farmers Branch ISD serves both Farmers Branch and much of neighboring Carrollton, per the district's own school locator, so a move between the two cities frequently doesn't require a change of school district at all, only a change of city services and tax rate.
Your specific number still depends on which of the two Farmers Branch markets you're in, resale or Mercer Crossing, and on your own timeline and financing. That's exactly the kind of comparison worth running with someone who tracks all three of these cities day to day rather than just one. Schedule a private consultation about a Farmers Branch move.
Taxes and the Rest of the Math
The City of Farmers Branch's most recent public tax rate notice put the city's proposed rate at $0.631795 per $100 of valuation, against a no-new-revenue rate of $0.519089. That's the city's portion only, layered on top of county, hospital district, and school district rates the way every Dallas County property tax bill is built. Texas has no state income tax and no state real estate transfer tax, which is worth stating plainly for anyone comparing the total cost of owning here against a state that has both.
The city's population sits at roughly 38,320 as of the Census Bureau's mid-2025 estimate, with a median household income of $91,186. Those aren't numbers that tell you whether to buy here. They're context for reading the price data above: a small, largely built-out city where new supply is concentrated almost entirely in one development, which is exactly why that one development is moving the citywide average even as the rest of the market softens.
Frequently Asked Questions
What is the median home price in Farmers Branch, Texas? Redfin's transaction-based median sale price is $360,000, down 9.1% year over year, while Zillow's broader home-value index, which accounts for the full housing stock rather than only recent sales, puts the citywide figure at $376,941. The difference mostly reflects new Mercer Crossing construction pulling the value index up while older resale streets have softened.
What is Mercer Crossing? Mercer Crossing is a 370-acre master-planned development in Farmers Branch, built by Centurion American, southeast of I-635 and Luna Road. It includes new single-family homes, townhomes, three amenity centers with pools, walking trails, dog parks, and a planned city-owned park, and it's the primary source of new-construction inventory in the city.
How does Farmers Branch compare on price to Addison and Carrollton? Farmers Branch has the lowest median sale price of the three at $360,000, versus $414,726 in Carrollton and $534,646 in Addison. It also has the longest average time on market at 60 days, while Carrollton homes are moving in about 36 days despite the higher price point.
Which school district serves Farmers Branch? Farmers Branch is served by Carrollton-Farmers Branch ISD, the same district that covers much of neighboring Carrollton, so a move between the two cities often doesn't require changing districts.
Should I use a local agent to buy or sell in Farmers Branch? The honest answer is that it depends less on the agent's title and more on whether they actually track Farmers Branch, Addison, and Carrollton as three separate, fast-moving markets rather than one generic "Dallas suburb." Pricing a Mercer Crossing townhome against a 1960s resale on the same street requires different comps entirely. I work this exact stretch of the Dallas market, from the Park Cities and Preston Hollow down through the northern suburbs, alongside Los Angeles, and I can walk you through which of these three cities actually fits your number. Start a conversation about your move.
If you're deciding between Farmers Branch, Addison, and Carrollton, the numbers above are a starting point, not a conclusion. Your own answer depends on which segment of the Farmers Branch market you're looking at, what you're comparing it against, and what you're trying to solve for on timeline and budget. I've spent 22 years working these exact submarkets and would rather walk you through the real comps than have you guess from a citywide average. Schedule a private consultation, or browse current Dallas-area listings to see what's actually on the market right now.
Paul Blair is the founder and broker of Grey Square, a virtual real estate brokerage representing buyers and sellers across Dallas and Los Angeles. With 22 years in the business and more than $200 million in closed transactions, Paul works the full range of the market, from luxury homes in the Park Cities and Preston Hollow to estates in the Hollywood Hills and across the Westside. Connect with Paul and the Grey Square team at greysq.com. TX TREC #9011505 · CA DRE #01792671.