75028 Home Values

The pace of closings in 75028 accelerated sharply this quarter, with homes spending a median of 12 days on market before going under contract — a drop that marks one of the fastest absorption rates recorded in this zip over the past year. Based on MLS data for June 2026 closings in 75028, nearly 169 transactions closed in the trailing three months, and sellers gave back only about one cent on the dollar from list price. Price per square foot held at roughly $234, consistent with recent months, while the annual trajectory remains essentially flat year-over-year. Just over half of closed deals included concessions, averaging around $6,000 — a modest tick upward that has not meaningfully altered the balance of leverage at the table.

Pipeline conditions in 75028 reinforce the velocity story from closed sales. With months of supply sitting near 3.5 and roughly 270 new listings entering the market over the quarter, the absorption rate has kept active inventory from building — about 195 homes remain available against 104 pending contracts. That pending-to-active ratio reflects a market still tilted toward sellers, with demand continuing to absorb supply before it accumulates. New listing activity has been steady but has not yet produced a cushion that would meaningfully shift negotiating dynamics heading into summer.

At roughly $234 per square foot, closings in 75028 tracked about 18% above the Denton County median over the most recent three months — a spread that stood out even as the zip's year-over-year median slipped modestly. Homes in 75028 settled in a median of 16 days, less than half the county's pace, and sellers gave back just over one cent on the dollar from list price. Fewer than half of closed transactions carried concessions, compared to nearly 58% countywide. Based on MLS data for May 2026 closings in 75028, demand concentration here remains a distinct outlier within the broader Denton market.

Forward-looking indicators in 75028 point to a pipeline that remains considerably tighter than the broader Denton County market. With months of supply near 3.6 — roughly half the county's 6.5 — available homes are being absorbed at a pace well above the regional norm. Pending transactions relative to active listings reflect continued demand absorption, and a surge in new listings has not yet shifted inventory materially. Supply here has not accumulated into buyer-favorable territory the way it has across much of the county.