75048 Home Values

Homes in 75048 closed faster this quarter than the trailing annual pace — a median of 33 days on market versus 37 days over the prior 12 months — suggesting the pipeline that built up earlier this year is now clearing. Based on MLS data for 2026-06 closings in 75048, price per square foot held at roughly $194, with a median sale price near $424,000. Sellers continued to give back about two and a half cents on the dollar at closing, and just over half of transactions included concessions, though the average concession amount dipped modestly from the annual figure. Fewer than 2 percent of homes sold above list price, while roughly four in ten closed below.

New listing volume in 75048 jumped — roughly 162 homes came to market over the latest three-month window, up nearly a fifth from the prior period — while active inventory climbed to 169. Pending contracts rose more modestly to 51, leaving supply at about six and a half months. That widening gap between new supply entering the market and contracts being signed points to accumulating choice for buyers heading into midsummer. Dallas County's pending-to-active ratio is running tighter, suggesting 75048 is absorbing new supply more slowly than the county average.

ZIP 75048 recorded a median sale price of $419,000 over the past three months, with homes averaging $194 per square foot at closing. Sellers received about 97 cents on the dollar of their asking price, while nearly six in ten transactions included seller concessions averaging roughly $6,600. About four in ten closed sales settled below list price, compared to fewer than two in a hundred that went above asking. Year over year, prices across the trailing 12-month window have risen just over 3 percent, with homes spending a median of 35 days on market before closing.

Active inventory in 75048 sits at 142 homes, with 46 properties currently under contract — a pending-to-active ratio that points to measured absorption. New listings numbered 136 over the three-month window, and months of supply stands at 6.5, slightly below the Dallas County figure of 7.1. Days on market, used here as a velocity signal, have edged down from 38 to 35 days compared to the trailing 12-month average, suggesting the pipeline is moving at a modest but consistent pace.