75042 Home Values

The median span between listing and contract in 75042 fell to 27 days this quarter, based on MLS data for 2026-07 closings in 75042 — a faster clip than the trailing 12-month average of 34. With 68 sales in the trailing three months, the sample remains moderate: directional, not definitive. Price per square foot held near $192, slightly above the year's $184 average, while the median sale price stayed close to last quarter's roughly $285,000. Just under half of transactions included seller concessions, averaging around $5,900, a lighter give-back than the prior quarter. Sellers collected nearly all of list price at closing, with roughly three in ten sales settling below asking.

Pending contracts in 75042 dropped to 24 this quarter, down sharply from the roughly 39 homes under contract in June, even as active listings edged up to 104 and new-listing volume eased to 89 — a combination that points to slower absorption heading into late summer. Months of supply held at about 4.6, unchanged from last month, suggesting the slowdown in contract activity hasn't yet tightened or loosened the broader balance. With inventory holding steady while pending contracts thin out, near-term velocity in 75042 looks poised to cool further before any rebound in contract pace shows up in the numbers.

The negotiation gap in 75042 widened modestly in June 2026 closings: no transactions settled above list price, and roughly one in four closed below asking — a pattern consistent with buyers retaining meaningful room at the table. Based on MLS data for 2026-06 closings in 75042, the median came in at about $188 per square foot, above the $183 annual average, with a median sale price near $286,000. Sellers received just under 99 cents on the dollar at closing. About half of transactions included seller concessions averaging around $6,400, directionally in line with the prior quarter's pace — the limited sample suggests stability in seller give-back rather than escalation.

Active listings in 75042 expanded by roughly a quarter compared to the prior month, reaching 97 homes, while the pending count held flat at about 39 — a widening ratio that adds supply-side pressure heading into summer. Months of supply edged up to about 4.6, continuing a trend away from the tighter readings seen earlier this year. New listing activity brought more than 100 homes to market in the trailing three months, outpacing the pace that pending contracts are absorbing — a signal that buyer leverage in 75042 may widen further near-term.

Homes in ZIP 75042 sold at a median of $191 per square foot over the past three months, with a median sale price of $282,612 — roughly 24 percent below the broader Dallas County median. Sellers received a median of nearly 99 cents on the dollar at closing, a stronger return than the county average of 97 cents. Nearly half of closed transactions included concessions averaging around $6,500. No sales closed above list price in the most recent quarter, while about one in four sold below list. On the annual horizon, the median sale price has declined roughly 8 percent year over year.

The 75042 market is moving substantially faster than Dallas County as a whole. Homes that closed recently spent a median of 19 days on market — nearly half the county's 34-day pace — suggesting active demand relative to available supply. With roughly 4.1 months of supply, the zip sits well below the county's 7.1 months, a gap that signals comparatively tighter conditions. Pending inventory of 39 homes against 78 active listings reflects a pending-to-active ratio consistent with steady absorption.