Market Overview
Home Prices in Lavon, TX
The median home value in Lavon, TX is $347,933 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 8.1% compared to a year ago and down 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lavon are priced15% below average. Lavon is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Lavon home values have risen by approximately1.9%, reflecting modest growth in this market.
Price History
Lavon Home Price Trend
City Comparison
Lavon vs. National Median
At $347,933, homes in Lavon cost 15% below the national median of $410,000. This makes Lavon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lavon?
20% Down Payment
$69,587
on $347,933
Monthly P&I
$1,815/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,305/mo
incl. taxes & insurance
Income Needed
$92,200
gross annual (30% rule)
10% Down Option
$34,793
+ PMI applies
Loan Amount (20% dn)
$278,346
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lavon, TX?
The median home value in Lavon is $347,933 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 8.1% year-over-year.
How much have home prices changed in Lavon?
Over the past year, home values in Lavon have decreased by 8.1%. Over five years, prices have risen approximately 1.9%.
How much do I need to earn to buy a home in Lavon?
To comfortably afford the median home price of $347,933 with a 20% down payment ($69,587) at today's rates (6.8%), you'd need a gross annual income of approximately $92,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Lavon compare to the national average home price?
The national median home value is approximately $410,000. At $347,933, homes in Lavon are 15% below the national average.
What metro area is Lavon part of?
Lavon is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.