75038 Home Values

75038's price per square foot held its premium over the county this quarter -- closings landed near $260, about a quarter above Dallas County's roughly $206 median, based on MLS data for 2026-07 closings in 75038. Sellers here also came out ahead at the negotiating table: closed sales captured all but a couple cents on every list-price dollar, a tighter gap than the county's own shortfall. Concessions told a similar story -- roughly one in five closings included one, versus about half countywide, a divide that has only widened since spring. The one soft spot: prices still sit about six percent below year-ago levels, a lag the county comparison doesn't fully explain.

For the third straight month, new listings in 75038 have outpaced pending contracts by a widening margin -- nearly 100 new listings against just 11 pending contracts this quarter, continuing a gap that has grown every month since spring. That imbalance pushes local months of supply to a little over seven, noticeably higher than the roughly six and a half months carried countywide, suggesting buyers here hold somewhat more room to negotiate than the Dallas County market as a whole. Active inventory changed little quarter over quarter, doing little to close the gap.

Days on market in 75038 dropped sharply this quarter — homes that closed took roughly five weeks to sell, compared to about six and a half weeks across the trailing year, based on MLS data for 2026-06 closings in 75038. That compression is the headline: transaction pace has accelerated even as the annual price trend remains under pressure, with values running about five percent below year-ago levels. Price per square foot at close held near $256, a figure that continues to run well above the Dallas County median. Sellers gave back roughly 1.5 cents on the dollar at the negotiating table — a tighter concession gap than the trailing-year average suggests. About three in ten closings included seller concessions this quarter, down from roughly one in three over the prior twelve months.

The pipeline in 75038 points to a market that has absorbed its recent listing surge without adding much pending momentum. Active inventory stands at 112 homes while pending contracts number just 16 — a lopsided ratio that, against roughly nine months of supply, keeps the balance firmly in buyer territory. New listings clocked in at 84 for the quarter, outpacing contract activity by a wide margin. Directionally, the data suggests the velocity pickup seen in closed-sale DOM has yet to translate into a broader pipeline tightening — the gap between new supply and pending volume in 75038 continues to widen heading into summer.

75038's price per square foot — roughly $249 at close — ran about 22 percent above the Dallas County median of $204, based on MLS data for the trailing-3-month period in 75038. Sellers here also captured a higher share of list price than the countywide average, giving back less than two cents on the dollar at the negotiating table compared to roughly 2.8 cents across Dallas County. The concession rate of about three in ten closings trails the countywide rate of nearly half, suggesting sellers in 75038 have held firmer ground on price relief. The YoY trajectory, however, tells a more cautious story: prices declined roughly six percent over the past year.

The supply picture in 75038 leans decidedly toward buyers heading into the coming months. Active listings stand at 96 while pending contracts number just 15 — a ratio that, with months of supply at nearly nine, outpaces the Dallas County benchmark of about seven months. New listing activity at 68 units over the quarter has outrun pending volume by a wide margin, widening the supply gap. Directionally, the pipeline suggests buyer negotiating room in 75038 is expanding faster than the broader county trend.