75051 Home Values

Home sales in 75051 closed well below the Dallas County benchmark again this quarter, with price per square foot landing near $195 against the county's roughly $206 — a discount that has held through recent months, based on MLS data for 2026-07 closings in 75051. The median sale price of roughly $283,000 remained tens of thousands under the county's typical closing figure. Despite the county-wide gap, sellers here are actually keeping more of their asking price than the county average, closing near 99 cents on the dollar versus roughly 97.5 cents countywide. Concessions touched just over half of transactions, close to the county's rate, while 58 closings this quarter keep the sample directionally useful but not definitive.

Pipeline signals in 75051 continue to diverge from the county's, with months of supply near 4.2 — comfortably tighter than Dallas County's roughly 6.4 months even after ticking up enough to cross the conventional balance line for the first time in recent reports. New listings picked up pace, climbing from the low seventies to 84 for the quarter, while pending contracts thinned considerably against a growing base of 81 active listings. That combination suggests absorption is decelerating locally, even as the zip code's overall supply position remains noticeably tighter than the county it sits within.

Closings in 75051 moved faster last quarter than the preceding twelve months, with median days on market tightening to 31 from the annual figure of 36 — a velocity shift that surfaces across the broader transaction picture. Based on MLS data for 2026-06 closings in 75051, price per square foot held at roughly $191, while the median sale price climbed to just under $288,000. Sellers received close to 98.6 cents on the dollar on average, a modest improvement over the trailing-year average. About three in ten sales closed below the original list price — down from more than a third over the prior twelve months. Concessions appeared in nearly six in ten transactions, though the average concession amount edged lower to around $5,800.

New listing activity in 75051 accelerated noticeably, with 73 homes entering the market over the quarter compared to 64 the prior period — a roughly 14 percent uptick. Pending contracts held at 35, producing a pending-to-active ratio that reflects steady but not surging absorption against a growing inventory base of 76 active listings. Months of supply dipped below 4.0 to approximately 3.9, crossing the conventional balance threshold and signaling that the zip code continues to absorb homes faster than Dallas County, where supply stands at roughly 6.3 months. Median days to contract also shortened, reinforcing a market that is picking up pace heading into mid-summer.

Homes in ZIP code 75051 closed at a median of $192 per square foot over the past three months, translating to a median sale price near $284,500. Properties sold at roughly 98.7 cents on the dollar, and about one in four closed below list price — a notable improvement from the trailing twelve-month average, when more than a third sold under asking. Just over half of transactions included seller concessions, averaging around $6,000. Fewer than one in fifty sales closed above list price. Year-over-year prices edged up about one percent, and 50 closed sales were recorded over the period.

The active inventory in 75051 stood at 67 listings, with 33 properties under contract — a pending-to-active ratio that points to steady absorption rather than a surge. New listings totaled 64 over the quarter. Months of supply reached exactly 4.0, sitting well below the Dallas County figure of 7.1 months, suggesting this zip code is clearing homes at a pace meaningfully faster than the broader market. Median days to contract held at 33 days, indicating consistent demand without the extended timelines seen countywide.