Lavon, Texas.
Typical home $343,123 (-7.3% in a year), asking rent $1,958 (-2.7%). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$760 (+73%) since Jan 2020.
- 1 year
- Down $27,100 -7%
- $370,223$343,123 since Sep 2025
- 5 years
- Down $21,111 -6%
- $364,234$343,123 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lavon$1,801
- Texas$1,556
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Lavon, TX fell 7.3% over the past year — slower than the nation's +1.2%.
Asking rents in Lavon, TX fell 2.7% over the past year — slower than the nation's +2.7%.
Owning the typical home in Lavon runs $663/mo more than renting one. The gap peaked at $810 in Apr 2025.
That is $2,620 a month against $1,958 rent: a $1,801 mortgage payment, plus $452 property tax and $367 insurance & upkeep.
Owning vs renting — Lavon
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,620
- Renting$1,958
- Mortgage only$1,801
Property tax · $452/mo 1.58% of value a year — the ACS 2020-2024 median bill over the median home value for Collin County, TX
Insurance & upkeep · $367/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Lavon, Collin County, Texas
Lavon is a city of 4,469 people in Collin County. Half its households earn more than $131,303 a year and half less, against $121,600 across Collin County; 2% of its people live below the poverty line. 90% of its homes are lived in by their owners and 10% are rented. Unemployment in Collin County was 4.4% in August 2026, and the county had 2.9% more jobs in 2025 than the year before. The most residents work in schools and health care, then finance and property.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lavon is a small city in Collin County, and nearly everyone who lives here owns their home, far more than across the county as a whole. Household incomes run above the county's, and very few residents live below the poverty line. Winters are mild and rarely bring snow, summers are hot, and the year is fairly wet.
Work. Residents work mostly in schools, hospitals and social care, with banks, insurance and property, professional and business services, and manufacturing also common. Across Collin County, the largest workplaces include Frisco ISD, Plano ISD and Collin County Community College District. Commutes are long, and a good number of residents work from home.
Things to do. Lavon Lake, a reservoir in or beside town, is the closest place for time on the water. Farther afield, a longer drive takes you to Southfork Ranch, a museum, and to the Dallas Zoo. Dallas Museum of Art, also a longer drive away, is one of the better-known museums nearby.
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- 2,077households
- 42%of adults have a degree
- 2%below the poverty line
- 34 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. Collin County had 562,572 jobs in 2025, 2.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 54° and lows near 34°; warmest in August, with highs near 93° and lows near 73°. About 40 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Lavon Dam weather station, 3 miles away (NOAA).
Largest workplaces in Collin County
- Frisco ISDSchool district8,074FTE
- Plano ISDSchool district6,367FTE
- EricssonVoip service providers, using client-supplied telecommunications connections5,945
- Raytheon_McKinney_TX5,216
- Collin County Community College DistrictUniversity or college3,563
- Prosper ISDSchool district3,133FTE
- Mckinney ISDSchool district2,689FTE
- Allen ISDSchool district2,639FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 629 workplaces with 20 or more staff, 111,763 people in all across the county; Lavon has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- HailVery high
- Heat wavesRelatively moderate
- Cold wavesRelatively moderate
- Inland floodingRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lavon’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Collin County and the Dallas-Fort Worth-Arlington, TX metro.
Lavon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lavon$343,123
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 3 Lavon listings, and the typical home goes pending in 44 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Lavon36.60%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lavon103
New listings per month
Sellers arriving at the market.
- Lavon20
Zip codes with a Lavon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lavon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Lavon
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 75173 | Nevada | 10,664 | — | $330,187 |
| 75166 | Lavon | 6,989 | $1,958 | $342,930 |