75024 Home Values

While price per square foot in 75024 barely budged this quarter, holding near $234, the negotiating balance underneath moved more decisively toward sellers. Based on MLS data for 2026-07 closings in 75024, buyers who closed below list price fell to roughly one in three, down from four in ten a year earlier, while the share paying above list nearly doubled to just over four percent. Sellers walked away with nearly 98 cents on every asking dollar, the strongest recovery rate here in recent memory, as concessions eased to roughly half of transactions from just over half a year ago. The list-to-sale gap in 75024 is narrowing faster than the flat price per square foot would suggest.

Pipeline signals in 75024 complicate the narrowing-leverage story from the closed side. New listings arrived at roughly 159 homes this quarter, outpacing the zip code's typical trailing-year clip, while pending contracts slowed to just 20, a thinner flow than the trailing 12-month average would predict. Months of supply eased to about five and a half, still below Collin County's roughly six-month reading. But with active inventory holding near 168 listings even as new supply accelerates and contracts cool, the tightening favoring sellers this quarter may not hold if listings keep outrunning buyer follow-through.

Homes in 75024 are closing significantly faster than they were a year ago, a shift that stands out against the broader Collin County market. Based on MLS data for 2026-06 closings in 75024, the median days on market dropped to roughly 30 — a full week shorter than the county's current 37-day median and well below the zip code's own trailing 12-month average of 39 days. Sellers recovered nearly 98 cents on the dollar at close, outpacing the county average by more than a point. Concessions appeared on just over half of transactions, down slightly from the county's nearly two-thirds rate, and the share of buyers who settled below list has narrowed meaningfully from the prior year pace.

With 49 pending contracts against 156 active listings, 75024's pipeline reflects a market moving more decisively than its supply level alone would suggest. New listing activity added roughly 140 homes over the trailing quarter — a pace that has kept months of supply near 5.6, modestly below the county's 6.1-month reading. The pending-to-active ratio has tightened compared to the county aggregate, where more than 2,600 contracts compete against nearly 9,800 active listings. If new listing volume holds, supply conditions in 75024 are likely to remain firmer than the broader Collin County trend heading into summer.

The negotiating gap between 75024 and the broader Collin County market came into sharp focus in the latest trailing quarter. Based on MLS data for recent closings in 75024, sellers recovered roughly 98 cents on the dollar at close — outpacing the county's 96-cent average by a meaningful margin. Price per square foot tracked above the county benchmark, and sellers gave back concessions on roughly half of transactions, compared to nearly two-thirds countywide. The annual price trend shows some softening, though the recent quarter's median sale price remained well above the county midpoint.

Active inventory in 75024 stands at roughly 138 listings while pending contracts number fewer than 50 — a pipeline ratio that indicates demand is absorbing supply more efficiently than the county aggregate, where nearly 3,800 pending contracts face more than 9,600 active listings. Months of supply in 75024 is directionally tighter than the county's roughly seven-month reading. New listing activity continues at a pace that should sustain current supply levels, though the pending-to-active ratio signals that buyer competition in 75024 remains comparatively firm.