Van Alstyne Homes for Sale
Search Van Alstyne Homes for Sale. Search the MLS like a Realtor. Call or text Bob now for the best deals 214-263-0816.
Right Time to Buy?
If you’re wondering if it’s the right time to buy a home, you should know you have an opportunity to grow your wealth, stabilize your expenses, and benefit from more options for your home search this fall.
Why Move to Van Alstyne?
Van Alstyne is a small but growing city located in Grayson County, Texas. Here are some reasons why someone might consider moving to Van Alstyne:
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Affordability: Van Alstyne has a lower cost of living compared to many other cities in Texas, making it an affordable place to live.
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Small-town feel: Van Alstyne has a friendly, tight-knit community feel with a small-town charm. It’s a place where people know their neighbors, and there are plenty of local events and festivals throughout the year.
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Proximity to larger cities: Van Alstyne is situated between two larger cities, Sherman and McKinney, which offer plenty of shopping, dining, and entertainment options. Residents can enjoy the benefits of big-city amenities without living in a crowded urban environment.
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Outdoor recreation: Van Alstyne is surrounded by beautiful natural landscapes with plenty of opportunities for outdoor activities like hiking, fishing, and hunting. Residents can enjoy the great outdoors without having to travel far from home.
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Strong local economy: Van Alstyne has a diverse economy with a mix of industries, including manufacturing, healthcare, and retail. The city has experienced significant growth in recent years, which could mean more job opportunities for residents.
Overall, Van Alstyne offers a great quality of life with plenty of small-town charm, outdoor recreation opportunities, and a strong local economy.
How well is the housing market doing?
- The Number of Homes for Sale Is Increasing. Take a look at the homes for sale in Van Alsyne.
While the number of homes for sale is still low compared to pre-pandemic norms, there is good news for your home search. The number of homes for sale has grown considerably this year. As the National Association of Realtors (NAR) says:
“It’s very promising that housing inventory is improving. There are nearly 30% more homes available for sale compared to January.”
If you begin your search now and work with me as I know the traffic patterns and area, you’ll be in a great spot to benefit from the additional options I can provide to help you find your dream home.
- Home Prices Are Appreciating More Moderately
If you’re waiting to buy because you think home prices will fall, you should know experts say that’s not projected to happen. According to the latest forecasts, experts project home prices will keep appreciating nationally, just at a more moderate pace than they did over the past year.
The good news is, once you do buy a home, any ongoing appreciation will help grow the value of your investment.
- Home ownership Can Grow Your Wealth
Once you own a home, you’ll own a tangible asset that typically grows in value over time. As home prices appreciate, and as you pay your monthly mortgage payment, you’ll build equity in your home. This gives your own net worth and stability a boost. As Freddie Mac says:
“Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.”
- Buying a Home Helps Shield You from Rising Costs
Census data shows the median monthly rent is consistently going up (see chart below) and has been since the late 1980s. To escape rising rents, consider purchasing a home so you can stabilize your monthly housing payment. Homeownership allows you to lock in what’s typically your largest monthly expense: your housing payment.
To find a home, my search tool provides you several ways to search for a home. You can search by a Map Search or MLS ID Search or Advanced Search where you have all of the MLS variables like Square feet, location, size of lot, price variable, bathrooms and location.
To search for Van Alstyne Homes and view Buyer video tips or discussions on the important of location or steps in buying a home here is a easy link on our website.
Some homes in Van Alstyne may need to have their home design changes reviewed by the Architectural Review Panel. Here is the website Architectural Review Panel
Market Recap or Homes For Sale In Van Alstyne – May 2023
Market Recap or Homes For Sale In Van Alstyne – April 2023
- Home builder confidence rose for the fourth consecutive month in April, climbing from 44 to 45 on the National Association of Home Builders (NAHB) housing market sentiment index. This is the highest level in seven months. The present single-family sales component on the index climbed from 49 to 51 while the component for single family sales in the next six months climbed three points to a level of 50, which is the highest level in almost a year.
- After soaring over 15% in February, building permits slumped a composite 8.8% month-over-month in March. Single family-permits, however, jumped 4.1% month-over-month. Total housing starts slipped 0.8% while single-family starts climbed 2.7%. Though overall starts and permits declined, the positive trend for single-family housing is a sign of housing market stabilization, according to experts.
- Existing home sales slipped 2.4% month-over-month in March, giving existing home inventory a much-needed chance to increase. The median existing home sales price declined annually.
New Housing Development in Van Alstyne, Tx
Van Alstyne is exploding with growth. Bill Smith’s Cafe, formerly located in McKinney is opening their new Cafe in September right downtown. All new businesses, Koboto Tractor and John Deere Tractor to name a few are now along 75.
New Home Communities are springing up in Van Alstyne: Thompson Farms subdivision (Highland Homes, Brightland Homes), Mantua subdivision (Highland & David Weekly), Oakbrook subdivision (Centex) Click here.
Depending on the specific home plans, the home prices vary from $375,000 to $800,000. Many are on one acre lots which keep you from being right next to your neighbor as found in many cities.
Call me and I can tell you more about Van Alstyne and help get you pointed to your next new home. Bob Smith 2142630816
How good is the education system in Van Alstyne?
Van Alstyne, TX has a strong and well-regarded education system, with several excellent schools in the area.
The Van Alstyne Independent School District serves the town and surrounding areas and includes four schools: Van Alstyne Elementary, Van Alstyne Middle School, Van Alstyne Junior High School, and Van Alstyne High School. The district has a student-teacher ratio of 14 to 1 and a graduation rate of 98%, higher than the state average.
The schools in Van Alstyne have received high rankings in various categories such as academics, extracurricular activities, and athletics. The district offers a variety of programs, including Advanced Placement (AP) courses, dual-credit courses, and career and technical education (CTE) programs.
In addition to the public school system, there are also several private schools in the area, including Grayson Christian School and Covenant Christian Academy.
Overall, Van Alstyne’s education system is highly regarded, and students have access to quality education opportunities that can prepare them for success in college and beyond.
What are the best restaurants in Van Alstyle?
A new restaurant is coming to Van Alstyne. Bill Smith of Bill Smith’s Cafe and Bill Smith Sea Food Buffet is opening his new restaurant that will serve home style cooking like he has served for over 50 years in McKinney, TX. Talk about Goooood food! Your going to love his offering. Almost every morning during the week I would go by and get me a Breakfast sandwich which is super tasty. Toasted bread, egg, bacon and a sliced of ham, mayo, lettuce and tomato. I ordered so many they called it the Bob Smith sandwich. Dang it, now I have to drive up to Van Alstyne to get me a breakfast sandwich!
Oh, well, it’s a pretty drive anyway, especially on Highway 5. Gives me a chance to get in the county for a little while and maybe pick up some fresh eggs.
Here is a list of some of the most popular restaurants in Van Alstyne, TX based on customer reviews and ratings:
- Jakes – serves classic American fare, including burgers, sandwiches, and salads.
- Big D’s BBQ – specializes in smoked meats and classic barbecue sides.
- La Mesa Mexican Restaurant – serves authentic Mexican cuisine, including fajitas, tacos, and enchiladas.
- Nick’s Family Restaurant – offers classic American breakfast and lunch items, including pancakes, omelets, and burgers.
- The Forge Bar and Grill – offers a variety of pub fare, including burgers, wings, and sandwiches.
Of course, this is not an exhaustive list and there are many other great restaurants in Van Alstyne, TX that you may enjoy. It is always a good idea to read reviews, check out menus, and ask locals for recommendations to help you make your decision.
NATIONAL HOMES SALES UPDATE
The NAR reported Pending Home Sales (contracts on existing homes) dropped in November, but noted: “With mortgage rates falling… home-buying activity should inevitably rebound in the coming months.”
The S&P CoreLogic Case-Shiller index reported home prices fell nationally in October for the fourth straight month. Annual price growth also keeps dropping, though October was still 9.2% above last year.
First American’s chief economist predicts that if mortgage rates continue to fall, household incomes stay flat, and home prices plateau as expected, housing affordability will improve by 9% by the end of 2023.
March Market Update for Van Alstyne homes for sale
Orchard – In the last 30 days, Van Alstyne homes for sale sold for a median price of $377,040, down 24.2% compared to the same period last year. The median price per square foot was $177.62, down 9.9% year-over-year. There were 28 homes sold, up from 27 last year.
Redfin -The Van Alstyne housing market is not very competitive. The median sale price of a home in Van Alstyne was $350K last month, up 2.5% since last year. The median sale price per square foot in Van Alstyne is $173, down 6.5% since last year.
What is the housing market like in Van Alstyne today?In March 2023, Van Alstyne home prices were up 2.5% compared to last year, selling for a median price of $350K. On average, homes in Van Alstyne sell after 56 days on the market compared to 13 days last year. There were 33 homes sold in March this year, up from 23 last year
February Market Update for Van Alstyne Homes for Sale
Van Alstyne Housing Market Trends By Real Estate Portal February 2023
Realtor.Com – The median listing home price in Van Alstyne, TX was $390K in February 2023, trending down -19.5% year-over-year. The median listing home price per square foot was $197. Van Alstyne, TX is a buyer’s market in February 2023, which means that the supply of homes is greater than the demand for homes. On average, homes in Van Alstyne, TX sell after 81 days on the market. The trend for median days on market in Van Alstyne, TX has gone down since last month, and slightly up since last year.
Redfin – The Van Alstyne housing market is somewhat competitive. The average sale price of a home in Van Alstyne was $328K last month, down 13.7% since last year. The average sale price per square foot in Van Alstyne is $175, up 2.6% since last year. On average, homes in Van Alstyne sell after 80 days on the market compared to 22 days last year. There were 16 homes sold in January this year, up from 19 last year.
Movoto – In Van Alstyne there are 273 active home listings and 9 new homes for sale. Homes were selling for a median price of $522,528 in February 2023. On average, homes in Van Alstyne, TX sell after 230 days on the market compared to 179 days last year. 224 homes were sold in February 2023, up from 124 last year.
January Market Update for Van Alstyne Homes for Sale
Van Alstyne Housing Market Trends By Real Estate Portal January 2022
Homelight.Com – The current median home price in Van Alstyne is $349,000, up 4.2% from February 2021. Homes in Van Alstyne are staying on the market for 59 days on average. That’s 13 days more than the average in February 2021.
Redfin – The Van Alstyne housing market is somewhat competitive. The average sale price of a home in Van Alstyne was $328K last month, down 13.7% since last year. The average sale price per square foot in Van Alstyne is $175, up 2.6% since last year. On average, homes in Van Alstyne sell after 80 days on the market compared to 22 days last year. There were 16 homes sold in January this year, up from 19 last year.
Movoto – In Van Alstyne there are 273 active home listings and 9 new homes for sale. Homes were selling for a median price of $522,528 in February 2023. On average, homes in Van Alstyne, TX sell after 230 days on the market compared to 179 days last year. 224 homes were sold in February 2023, up from 124 last year.
December Market Update
Van Alstyne Housing Market Trends By Real Estate Portal December 2022
Rockethomes.Com – There are 42 homes are for sale in Van Alstyne, TX real estate market. Between November 2022 and December 2022, Van Alstyne, TX real estate market has seen increase in the number of listings by 7.7%. The median list price of listings available in December 2022 was $356,490, while the average time on the real estate market was 91 days. Listing prices have changed in this real estate market between December 2021 and December 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties became 5.8% more expensive, 4 bedrooms properties prices decreased by 3.2%, the cost of 5 bedrooms properties have not changed. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 100%, 3 bedrooms homes became 10% more available, 4 bedrooms homes inventory increased by 11.8%, 5 bedrooms homes inventory did not change.
Redfin – The Van Alstyne housing market is somewhat competitive. The average sale price of a home in Van Alstyne was $380K last month, up 22.3% since last year. The average sale price per square foot in Van Alstyne is $176, up 2.0% since last year. On average, homes in Van Alstyne sell after 48 days on the market compared to 28 days last year. There were 22 homes sold in December this year, up from 18 last year.
Movoto – Van Alstyne, TX was a seller’s market December 2022, which means that there are more people looking to buy than there are homes available.
November Market Update for Van Alstyne Homes for Sale
The Van Alstyne Homes For Sale show there are 339 active home listings and 7 new homes for sale. The Van Alstyne Homes For Sale were selling for a median price of $465,900 in October 2022.
On average, homes in Van Alstyne, TX sell after 143 days on the market compared to 59 days last year.
There were 267 homes sold in Van Alstyne, TX in October 2022, up from 162 last year.
Van Alstyne Housing Market Trends By Real Estate Portal October
Rockethomes.Com – There are 61 homes are for sale in Van Alstyne, TX real estate market. The inventory of homes for sale in Van Alstyne, TX between September 2022 and October.
Redfin – In October 2022, Van Alstyne home prices were up 12.5% compared to last year, selling for a median price of $405K. On average, homes in Van Alstyne sell after 39 days on the market compared to 35 days last year. There were 19 homes sold in October this year, up from 15 last year.
Zillow – Average Van Alstyne Home values are $432,034. Up 24.1 % over last year.
Van Alstyne is part of the Grayson County R-1 School District, with 1 Elementary School, 1 Middle School, and 1 High School. The average rating of all the schools in Van Alstyne, TX is 7 out of 10 by GreatSchools.
Call me and lets talk about how Van Alstyne is growing and why you may want to live there – Bob @214.263.0816
October Market Update
The Van Alstyne Homes For Sale show there are 339 active home listings and 7 new homes for sale. The Van Alstyne Homes For Sale were selling for a median price of $465,900 in October 2022.
On average, homes in Van Alstyne, TX sell after 143 days on the market compared to 59 days last year.
There were 267 homes sold in Van Alstyne, TX in October 2022, up from 162 last year.
Van Alstyne Housing Market Trends By Real Estate Portal October
Rockethomes.Com – There are 61 homes are for sale in Van Alstyne, TX real estate market. The inventory of homes for sale in Van Alstyne, TX between September 2022 and October.
Redfin – In October 2022, Van Alstyne home prices were up 12.5% compared to last year, selling for a median price of $405K. On average, homes in Van Alstyne sell after 39 days on the market compared to 35 days last year. There were 19 homes sold in October this year, up from 15 last year.
Zillow – Average Van Alstyne Home values are $432,034. Up 24.1 % over last year.
Van Alstyne is part of the Grayson County R-1 School District, with 1 Elementary School, 1 Middle School, and 1 High School. The average rating of all the schools in Van Alstyne, TX is 7 out of 10 by GreatSchools.
Call me and lets talk about how Van Alstyne is growing and why you may want to live there – Bob @214.263.0816
