What to Expect from the Real Estate Market in Celina in 2024

Nitin Gupta, CRS, REALTOR
18 hours ago
2 min read

Celina, Texas, has been on a remarkable growth trajectory, recently recognized as the fastest-growing city in the United States with a population increase of 26.6% from July 2022 to July 2023 . As we progress through 2024, understanding the dynamics of Celina's real estate market is crucial for prospective buyers, sellers, and investors.New York Post

Market Overview

In early 2024, Celina's real estate market has shown signs of stabilization. According to Zillow, the average home value in Celina is approximately $618,309, reflecting a slight decrease of 1.4% over the past year . Redfin reports a median sale price of $565,000 in February 2025, down 7.5% year-over-year .Zillow+1Zillow+1 Redfin+1Zillow+1

Despite these modest declines, the market remains active. Homes are selling in about 68 days on average, indicating a balanced market where neither buyers nor sellers have a distinct advantage.

Inventory and New Construction

Inventory levels have seen a notable increase. As of April 2025, there were 548 homes for sale in Celina, up 17.8% from the previous month . This rise in available homes provides buyers with more options and may contribute to the stabilization of home prices.Rocket - Help Everyone Home

New construction continues to play a significant role in Celina's housing market. The influx of newly built homes caters to the growing population and meets the demand for modern amenities and designs.

Rental Market Trends

The rental market in Celina has experienced a slight decline. The average rent as of March 2025 is $2,290, down 1.0% year-over-year . This decrease may be attributed to the increased availability of rental properties and the broader trend of housing stabilization in the area.Zillow

Future Outlook

Looking ahead, the real estate market in Celina is expected to remain steady. WalletInvestor forecasts a gradual increase in home values, predicting the median home price to reach approximately $510,655 within the next year . This projection suggests a positive long-term investment outlook for the area.Walletinvestor.com

Conclusion

Celina's real estate market in 2024 reflects a period of stabilization following years of rapid growth. With a balanced market, increased inventory, and ongoing new construction, both buyers and sellers have opportunities to achieve their real estate goals. As the city continues to develop, staying informed about market trends will be essential for making strategic decisions in Celina's dynamic housing landscape.

Call us at 469-269-6541 for more information about Celina real estate!

About us: Top Celina Listing Agent for Your Home Sale

If you’re ready to embark on your home sale journey in Celina with confidence after reading our home sale tips, we are here to assist you every step of the way. Selling your Celina home is a significant decision, and we are committed to making the process as smooth and successful as possible.

Based on our years of experience in the Celina real estate market, we know the Celina real estate market and can give you expert advice for your individual situation. We will sit down with you for a free one-on-one consultation, and deliver a comprehensive data profile of your local area & property in Celina.