Market Overview
Home Prices in Ovilla, TX
The median home value in Ovilla, TX is $506,671 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ovilla are priced24% above average. Ovilla is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Ovilla home values have risen by approximately23.5%, reflecting strong long-term appreciation in this market.
Price History
Ovilla Home Price Trend
City Comparison
Ovilla vs. National Median
At $506,671, homes in Ovilla cost 24% above the national median of $410,000. Buyers in Ovilla should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ovilla?
20% Down Payment
$101,334
on $506,671
Monthly P&I
$2,642/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,355/mo
incl. taxes & insurance
Income Needed
$134,200
gross annual (30% rule)
10% Down Option
$50,667
+ PMI applies
Loan Amount (20% dn)
$405,337
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 Ovilla, TX?
The median home value in Ovilla is $506,671 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Ovilla?
Over the past year, home values in Ovilla have decreased by 0.2%. Over five years, prices have risen approximately 23.5%.
How much do I need to earn to buy a home in Ovilla?
To comfortably afford the median home price of $506,671 with a 20% down payment ($101,334) at today's rates (6.8%), you'd need a gross annual income of approximately $134,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Ovilla compare to the national average home price?
The national median home value is approximately $410,000. At $506,671, homes in Ovilla are 24% above the national average.
What metro area is Ovilla part of?
Ovilla is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.