75061 Home Values

While Dallas County's median price per square foot sits near $206, 75061 closed the latest quarter at roughly $186 — a discount of about ten percent that has held steady through the spring. Based on MLS data for June 2026 closings in 75061, homes here spent a median of 20 days under contract before closing, compared to 28 days across Dallas County — a gap that signals notably sharper local absorption. Sellers in 75061 also shed concession exposure relative to the trailing year: fewer than half of closings included seller concessions this quarter, down from more than half over the prior twelve months, and average concession amounts pulled back to roughly $6,200 from about $7,600.

The supply picture in 75061 diverges meaningfully from Dallas County's broader conditions. With months of supply near 4.6 locally versus roughly 6.3 county-wide, 75061 sits closer to equilibrium — a tighter backdrop than the parent market suggests. Active listings held near 100 units while 107 new listings entered the period, keeping the pipeline roughly balanced. Pending contracts at 42 represent a pending-to-active ratio that directionally trails the velocity suggested by closed-sale DOM, pointing to a possible moderation in absorption pace heading into mid-summer.

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.