75028 Home Values

Homes in 75028 took a median of 13 days to sell this quarter, a few days longer than the blistering pace set last month — the first stretch since spring in which the local clock lengthened rather than compressed. Based on MLS data for August 2026 closings in 75028, that pace still runs less than half of Denton County's typical wait. Price per square foot held essentially flat near $234, and sellers kept collecting nearly full list price, giving back barely a penny and a half on the dollar. Concessions appeared in just over half of the quarter's 191 closings, a rate little changed recently, averaging a bit above $7,100.

Pipeline signals in 75028 point to a market still moving quickly but no longer accelerating. Pending contracts held near 25 — thin against 258 new listings arriving over the quarter — leaving active inventory at 230 and months of supply near three and a half, up from roughly three last quarter. That modest loosening lines up with the slight lengthening in time-to-contract, suggesting the frantic absorption pace of recent months is easing without yet tipping the balance toward buyers. Denton County's supply, still near six months, remains far looser than 75028's still-thin conditions.

While Denton County's median days-on-market held near a month this quarter, 75028 closed at barely a third of that pace — a divergence that has defined this zip for months running. Price per square foot in 75028 registered around $235, roughly 16 percent above the countywide figure, based on MLS data for July 2026 closings in 75028. Sellers here also netted closer to full list price than their county counterparts, giving back only about one cent on the dollar against a wider gap countywide. Concessions appeared in just over half of the 200 closed transactions, a touch less often than the county rate, averaging roughly $6,700.

Denton County's broader pipeline remains far looser than what's showing up in 75028: months of supply here sits at roughly three months, less than half the county's nearly six, keeping the zip in a tighter band than the surrounding market. Pending contracts fell sharply from the prior quarter even as new listings kept arriving at a steady clip, thinning the number of homes moving toward closing without yet loosening inventory on the ground. That gap between local absorption and the county's slower churn continues to widen 75028's outlier standing within Denton.

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.