75041 Home Values
75041 Market Snapshot
| Active 108 listings | New 30 30 days | Closed 17 30 days | Pending 2 30 days | Supply 6.4 months | Absorption 4.6% monthly | Over List 1.6% sold above | Under List 50% sold below | Concessions 51% % of solds | Avg Concession $7,381 seller paid |
Source: NTREIS MLS • Excludes leases • Jul 2026
75041 Market Trends
South Garland Buyers Are Pushing Back
South Garland's 75041 is anchored by postwar brick ranches built between 1948 and 1968, many on oversized lots that push past a quarter acre. The housing stock here skews smaller and older than neighboring 75040, with a concentration of two-bedroom and three-bedroom floor plans under 1,500 square feet. Renovation activity runs deep through this zip code: investors snap up sub-$200K shells needing foundation work and flip them with full gut rehabs. A handful of new-construction builds from DRB Homes and Windsor Homes have started filling in along Centerville Road.
Across 49 closings in 75041 this quarter, the median time to close fell to 26 days — matching Dallas County's overall pace and down sharply from 42 days a month earlier, the fastest mark recorded in this zip code in over a year. The quickened pace coincided with softer pricing: based on MLS data for 2026-07 closings in 75041, price per square foot slipped to $154, pulling the median sale price down to roughly $259,000. Sellers continued to give ground at the table, with roughly half of closed transactions carrying concessions averaging near $8,200, and no homes selling above asking. About four in ten buyers closed below list, while sellers captured close to 97 cents on the asking dollar.
Pending contracts in 75041 thinned sharply this quarter, dropping to roughly 15 homes under contract from close to 30 a month earlier, even as active listings climbed to 107 and new listings held near 90 for the period. That combination pushed months of supply up to about six and a half — deep into buyer-favorable territory — complicating the quarter's faster closing pace. With more than seven times as many active listings as pending contracts, the near-term pipeline suggests this month's velocity gain may not hold without a rebound in signed contracts.
Market Updates
Across 49 closings in 75041 this quarter, the median time to close fell to 26 days — matching Dallas County's overall pace and down sharply from 42 days a month earlier, the fastest mark recorded in this zip code in over a year. The quickened pace coincided with softer pricing: based on MLS data for 2026-07 closings in 75041, price per square foot slipped to $154, pulling the median sale price down to roughly $259,000. Sellers continued to give ground at the table, with roughly half of closed transactions carrying concessions averaging near $8,200, and no homes selling above asking. About four in ten buyers closed below list, while sellers captured close to 97 cents on the asking dollar.
Pending contracts in 75041 thinned sharply this quarter, dropping to roughly 15 homes under contract from close to 30 a month earlier, even as active listings climbed to 107 and new listings held near 90 for the period. That combination pushed months of supply up to about six and a half — deep into buyer-favorable territory — complicating the quarter's faster closing pace. With more than seven times as many active listings as pending contracts, the near-term pipeline suggests this month's velocity gain may not hold without a rebound in signed contracts.
The negotiation gap between list and sale prices in 75041 held relatively tight in June — sellers received about 96 to 97 cents on the asking dollar — but the pace at which homes are moving quickened slightly, with median days to close ticking down from 45 to 42 days. Roughly half of all closed transactions still included seller concessions, with the average giveback climbing to nearly $8,000. Based on MLS data for 2026-06 closings in 75041, the median sale price edged up to approximately $262,000, though price per square foot remained flat at $164 — well below the Dallas County benchmark of $206 — suggesting the directional improvement in velocity has not yet translated into pricing power.
New listing volume in 75041 rose to roughly 81 entries over the quarter, outpacing the 64 recorded in the prior period — a signal that sellers are returning to the market with more confidence. Active inventory climbed to 94 homes while the pending count held at 29, keeping months of supply near 4.9 and favoring buyers modestly. The widening gap between new supply entering and contracts being signed suggests absorption may face headwinds heading into summer, a pattern that broadly mirrors the broader Dallas County dynamic of rising inventory.
Homes in zip code 75041 closed at a median of $164 per square foot over the most recent quarter, with a median sale price of $259,684 — down nearly nine percent from a year earlier. Sellers received about 96 cents on the asking dollar, and homes that did sell took a median of 45 days to close. Nearly half of all closed transactions included seller concessions, averaging roughly $7,600. No sales closed above list price in the recent quarter, while nearly four in ten sellers accepted offers below asking. Over the trailing 12 months, 192 transactions closed.
The active pipeline in 75041 shows 76 homes currently listed and 27 under contract, with 64 new listings entering the market over the past three months. Supply sits at about 4.7 months, reflecting a market tilted modestly toward buyers relative to the balanced-market threshold. Days on market as a velocity signal points to slower absorption than the broader Dallas County average of 34 days, suggesting listings in this zip code are taking longer to move through the pipeline.
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Market data last updated Aug 1, 2026, 6:00 AM CDT · Editorial updated Jul 27, 2026, 11:06 AM CDT
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