75021 Home Values

Closed transaction pace in 75021 quickened this quarter — 40 sales in the trailing three months, well above the roughly 33-a-quarter rate implied by the trailing annual figures. Homes still took a bit longer to sell, with time on market at 72 days, a few days past the 12-month median. Based on MLS data for 2026-07 closings in 75021, price per square foot settled near $166, down from roughly $175 across the trailing year, and the typical sale landed near $211,000, about 13 percent below the annual figure. Sellers held modest ground at closing, receiving close to 93 cents on the dollar even as concessions appeared in four of every ten deals.

The pipeline in 75021 continued to tighten from the demand side even as new supply kept arriving. Pending contracts fell to just eight heading into late summer, a sharp drop from the pace implied by the trailing annual figures, while new listings held near 100 for the quarter — keeping active inventory pinned around 164 homes. Months of supply eased slightly to roughly 12, essentially matching Grayson County's broader trailing-quarter reading, suggesting the slowdown in contract activity is a shared regional pattern rather than an isolated one. The imbalance between arriving listings and contracts signals continued slack heading into fall.

Price per square foot in 75021 retreated to roughly $158 in the latest quarter — a meaningful step back from the approximately $197 recorded a month prior — as the pace of completed transactions slowed and the mix of closings shifted. Based on MLS data for 2026-06 closings in 75021, the median sale came in well under $200,000, with homes sitting a few days longer than the trailing annual average before finding buyers. The directional signal is real but carries the weight of a limited sample: with roughly three dozen closings this quarter, the data points toward softening close prices rather than confirming a definitive trend.

The sharpest velocity signal in 75021 this period is the pending contract count, which contracted to fewer than 30 — a fraction of what the broader Grayson County pipeline shows proportionally. Active listings held steady, meaning homes are entering the market but not finding buyers at the same rate. With supply sitting above 13 months and new listing activity continuing to add to an already-deep pool, the pipeline suggests demand has decelerated more sharply in this zip than the county-level figures reflect.

In the trailing quarter covered by MLS data for 2026-05 closings in 75021, the negotiation gap between list and sale prices remained wide — sellers in the zip received roughly seven cents less per dollar at closing than their asking price. Nearly seven in ten transactions closed below list, a consistent pattern that underscores the leverage buyers held at the table. Price per square foot came in around $197, meaningfully above the Grayson County median, though the full-year picture shows values have climbed roughly 14 percent year-over-year. With only a few dozen closings this quarter, directional signals are real but not definitive.

The supply picture in 75021 is tilted sharply toward buyers heading into the summer window. With more than 13 months of supply on hand and active listings outnumbering pending contracts by more than five to one, the pipeline signals little near-term pressure on the buyer side. New listing activity has continued to outpace absorption, and the limited pending count — fewer than 30 contracts in queue — suggests demand has not kept pace with the volume of homes available. Grayson County's supply position is similarly stretched, reinforcing the pattern.