75023 Home Values

Price per square foot in 75023 slipped to roughly $209 in the latest quarter, down from about $216 a month earlier but still above Collin County's near $199 mark. Based on MLS data for October 2026 closings in 75023, the median sale price eased to roughly $442,000, below the trailing-year level of about $449,000, which itself sits two percent under a year ago. Sellers received close to 97.5 cents on the dollar, a gap still tighter than the county's roughly 96.5, though concessions reached nearly half of closings with payouts near $9,000, up from about $8,200 last month. With more than 120 closings in the quarter, the pullback carries real weight.

Supply in 75023 tightened this month, with months of supply dropping to just over four and a half from about five and a half, though it remains well below Collin County's near six and a half. Active inventory held near 200 homes for yet another month, while roughly 180 new listings over the quarter were absorbed at a steady clip. Time on market stretched to about 25 days, up from roughly three weeks, a sign that buyers are taking longer to commit even as the supply cushion narrows, keeping negotiating room intact.

Homes that closed in 75023 this quarter spent roughly three weeks on the market before going under contract, about half Collin County's typical stretch of nearly five weeks, even as price per square foot held near $216, above the county's roughly $201 mark. Based on MLS data for September 2026 closings in 75023, the median sale price landed just under $464,000, edging above the trailing-year baseline even as it eased back from a stronger reading last quarter. Sellers received close to 98 cents on the dollar, a tighter list-to-sale gap than the county's near 97, while concessions touched roughly half of transactions, a narrower share and a smaller payout near $8,200 than countywide.

The pipeline in 75023 remains tighter than the county as a whole: months of supply held near 5.4 this quarter versus Collin County's roughly 6.2, extending a gap that has persisted since spring. Active inventory continues to hover near 200 homes, a level it has held for several months running, while new listings kept arriving well ahead of pending contracts, a supply pattern echoed countywide, though the imbalance here remains comparatively modest. Time on market continued compressing against that backdrop, a pace Collin County as a whole has yet to match.

Under a third of homes in 75023 sold below list this quarter — down from better than four in ten across the trailing year — alongside a valuation base still holding near $220 per square foot, on par with a month earlier. Based on MLS data for July 2026 closings in 75023, the median sale price reached just under $482,000, its strongest quarterly reading since the correction that began earlier this year; on a trailing 12-month basis, values remain a few percent below year-ago levels, but that gap has narrowed for a third straight month. Sellers are collecting close to full asking price, and concessions touched a bit more than half of transactions, averaging near $8,400.

Months of supply in 75023 climbed to 4.5 this quarter, crossing the four-month line that separates seller-favored conditions from buyer-favored ones, up from 3.7 a month earlier. Active inventory has held near 200 homes for several months running, but new listings continue arriving well ahead of pending contracts, keeping the pipeline loose rather than tightening it. Time on market kept compressing even so, a signal that hasn't caught up yet with the looser supply math building underneath it.