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Irving, TX Housing Market

The Irving housing market is somewhat competitive. Homes in Irving receive 2 offers on average and sell in around 48 days. The median sale price of a home in Irving was $430K last month, +4.9% since last year.

Irving Market Trends

It’s still a good market to sell in Irving.

Even though the market has shifted across the U.S., Irving is still a good market to sell your home.

+4.9%
The average home value in Irving has increased by +4.9%.
$430K
The median sale price for a home in Irving has remained strong at $430K.

Irving Real Estate

Learn more about the Irving market

In the last 30 days, homes for sale in Irving, TX sold for a median price of $430K, +4.9% compared to the same period last year. The median price per square foot was $215, +3.4% year-over-year. There were 123 homes sold, down from 345 last year. Homes typically received 2 offers and stayed on the market for around 48 days.

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Texas Acquisition Manager

Meet our Irving Expert, Andy

Andy will help you get the best offer in Irving with no repairs or showings.

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Tips for Selling Your Home in Irving, TX to Make Top Dollar

Selling your home can be an exciting yet challenging endeavor. If you're in Irving, TX, and looking to maximize your property's value, there are several things you need to be aware of. From understanding market trends to making smart renovation choices, here's a guide to help you navigate the home-selling process successfully.

Understanding the Market Trends in Irving, TX

Before you list your home, it’s essential to understand the local real estate market. As of the latest data, the real estate scene in Irving shows:

  • Average Days on Market: 48 days
  • Median Listing Price: $436K
  • Median Sale Price: $430K
  • Median Sale Price per Sq. Ft.: $215
  • Average Down Payment: 16.6%
  • Average Number of Offers: 2
  • Number of Homes on Market: 345
  • Number of Homes Sold: 123

These numbers indicate a seller’s market, meaning homes are selling relatively quickly and often receive multiple offers. Leverage this information to set realistic expectations and price your home appropriately.

Smart Renovations to Boost Your Home's Value

Potential buyers are looking for homes that are modern, functional, and free from immediate repair needs. Consider these popular renovations that can provide a high return on investment (ROI):

  • Kitchen Remodel

    Average Cost: $20,000 - $50,000
    Potential ROI: 70% - 80%

    Minor Kitchen Remodel: Includes updates like new cabinet doors, energy-efficient appliances, updated countertops (quartz or granite), modern backsplash, and new flooring.

    Major Kitchen Remodel: Full renovation with new cabinets, high-end appliances, new lighting, and improved layout.

    The kitchen is often considered the heart of the home. Modern, functional, and visually appealing kitchens attract buyers and can make your home more competitive in the market.

  • Bathroom Remodel

    Average Cost: $10,000 - $25,000
    Potential ROI: 60% - 70%

    Midrange Remodel: Replacing fixtures, installing new tile, updating shower and tub, and adding new vanities and lighting.

    Upscale Remodel: Expanding the bathroom, adding luxury fixtures, frameless glass showers, high-end countertops, and radiant floors.

    Updated bathrooms with modern amenities and aesthetics can be a strong selling point. Buyers appreciate clean, updated, and stylish bathrooms.

  • Exterior Improvements

    Average Cost: $5,000 - $15,000
    Potential ROI: 70% - 80%

    Siding Replacement: Fiber-cement or vinyl siding can give your home a fresh look.

    New Windows: Energy-efficient windows improve curb appeal and reduce energy costs.

    Roof Replacement: A new roof can be a major selling point, ensuring buyers of the home's long-term maintenance.

    First impressions matter. Improved curb appeal can significantly impact a potential buyer's interest in your home.

  • Adding a Deck or Patio

    Average Cost: $5,000 - $15,000
    Potential ROI: 60% - 75%

    Wood Deck: A wood deck can increase your living space and create a more inviting outdoor area.

    Composite Deck: More durable and low-maintenance, though it may cost more up front.

    Outdoor living spaces are highly desirable, providing buyers with additional areas for entertainment and relaxation.

  • Basement Remodel

    Average Cost: $20,000 - $40,000
    Potential ROI: 60% - 70%

    Converting a basement into a functional living space, such as an entertainment area, guest bedroom, or home office.

    Additional usable living space can significantly boost your home's appeal and functionality.

  • Energy-Efficient Upgrades

    Average Cost: Varies
    Potential ROI: 50% - 75%

    Insulation: Improving attic insulation.

    HVAC Upgrades: Installing a new, more efficient heating and cooling system.

    Energy Star Appliances: Replacing older appliances with modern, energy-efficient models.

    Energy efficiency is a growing concern for many buyers, looking to lower utility bills and reduce environmental impact.

Considering the Current Real Estate Market

The current real estate market in Irving, TX, reflects a combination of rising prices and limited inventory. Reports show that Irving has about a 2-3 months' supply of homes, well below the 6-month supply typically seen in a balanced market. Despite this, the market still remains resilient due to strong local economic conditions driven by continuous job growth in technology, finance, and healthcare sectors.

Skip the Renovations and Sell Directly to Frontdoor

Feeling overwhelmed by the idea of renovations? You have options! Consider selling directly to companies like Frontdoor, which can offer a quick and hassle-free selling process without the need for expensive home improvements. This can be an excellent way for you to save time and avoid the stress associated with traditional home selling.

Final Thoughts

Selling your home in Irving, TX, can be a rewarding experience if you take the right steps to prepare. From understanding market trends to investing in high-ROI renovations, you can significantly increase your home's appeal and value. And remember, if renovations seem daunting, there are quick-sale options like Frontdoor that can simplify the process for you.

Good luck, and here's to making top dollar on your home sale!

Request your custom offer today

Get an offer from Frontdoor and skip the hassle of renovations in Irving.

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Sell your Irving home

Request a competitive offer

Step 1

Step 1: Share Unique Details About Your Home

Start by sharing all the unique features of your home. Does it have a cozy fireplace, a spacious backyard, or modern kitchen appliances? The more details you provide, the better offer you can get from Frontdoor.

Step 2

Step 2: Compare to Other Homes in Your Neighborhood

Check out homes similar to yours in Irving. Look at their prices and amenities. This helps you set a realistic value for your property. Frontdoor can use this information to determine a competitive offer.

Step 3

Step 3: Speak to an Irving Market Expert

Connect with a local expert who knows Irving well. They can provide valuable insights and guidance on pricing your home right. Local knowledge ensures you get the best deal.

Comparison

Why you’ll love working with us

Let’s compare the sale of a $550,000 home in Irving, Texas.

                                                                                                                                                                                                                                                                                                                                           
Traditional SaleFrontdoor
Commission & Fees$33,000$0
Closing Costs$8,400$0
We pay all costs
Repair Costs$24,750$0
We pay all costs
Days on Market25 DaysImmediate Offer
Total SavingsSave $66,150

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