75061 Home Values
75061 Market Snapshot
| Active 85 listings | New 21 30 days | Closed 13 30 days | Pending 2 30 days | Supply 4.6 months | Absorption 44.7% monthly | Over List 2.3% sold above | Under List 41.1% sold below | Concessions 52.8% % of solds | Avg Concession $7,693 seller paid |
Source: NTREIS MLS • Excludes leases • May 2026
75061 Market Trends
Mid-Century Roots With Renovation Energy
The 75061 corridor runs through south-central Irving where post-war ranch homes from the 1950s and 1960s set the architectural tone block after block. Brick single-stories on generous lots line the streets of Sherwood Forest, Plymouth Park, and the Hospital District. Scattered throughout are 1980s townhome clusters and a growing number of full gut-renovations turning original floor plans into open-concept layouts with modern kitchens. A handful of new-construction builds have started appearing on infill lots, but the area remains defined by its mid-century bones. Investor-held duplexes and small multifamily properties occupy pockets near Loop 12 and Highway 183, adding rental density alongside the owner-occupied core.
At roughly $189 per square foot, 75061 closings tracked below the Dallas County average in the trailing three months — but the 23-day median time to close tells a different story about demand. The limited sample of 51 MLS closings directionally suggests homes moved faster here than across the broader county. Sellers received nearly all of asking price, with buyers giving back under two cents on the dollar in aggregate. Fewer than half of transactions involved concessions, and when they did, amounts averaged around $6,000. Based on MLS data for spring 2026 closings in 75061, the trailing 12-month picture showed a roughly 6% year-over-year price gain.
With 99 active listings and 43 pending contracts, 75061 carries a pending-to-active ratio that directionally suggests more absorption pressure than the broader Dallas County market, which sits at roughly 7.0 months of supply compared to 5.8 months here. New listing activity reached 94 units in the period, keeping supply roughly in balance with demand. The sub-30-day velocity trend observed in closed sales aligns with the relatively compressed supply picture — a pattern that, if it holds, may sustain the current absorption pace.
Market Updates
At roughly $189 per square foot, 75061 closings tracked below the Dallas County average in the trailing three months — but the 23-day median time to close tells a different story about demand. The limited sample of 51 MLS closings directionally suggests homes moved faster here than across the broader county. Sellers received nearly all of asking price, with buyers giving back under two cents on the dollar in aggregate. Fewer than half of transactions involved concessions, and when they did, amounts averaged around $6,000. Based on MLS data for spring 2026 closings in 75061, the trailing 12-month picture showed a roughly 6% year-over-year price gain.
With 99 active listings and 43 pending contracts, 75061 carries a pending-to-active ratio that directionally suggests more absorption pressure than the broader Dallas County market, which sits at roughly 7.0 months of supply compared to 5.8 months here. New listing activity reached 94 units in the period, keeping supply roughly in balance with demand. The sub-30-day velocity trend observed in closed sales aligns with the relatively compressed supply picture — a pattern that, if it holds, may sustain the current absorption pace.
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Market data last updated May 20, 2026, 1:25 AM CDT · Editorial updated May 7, 2026, 9:03 AM CDT
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