75062 Home Values

Homes in 75062 spent a median of 19 days on the market before closing this quarter, down sharply from roughly five weeks over the trailing year, based on MLS data for July 2026 closings in 75062. The faster pace came alongside 71 closed sales and a median sale price near $341,000, up modestly from about $329,000 over the trailing twelve months. Price per square foot held close to $210, a touch above the trailing-year mark near $205, while sellers continued to close within roughly two cents of asking price. Concessions stayed common — present in just over half of transactions — with the average contribution climbing to nearly $12,600, continuing an upward run from roughly $11,600 last month.

Active inventory in 75062 held essentially flat near 130 homes this quarter, even as pending contracts fell to just 25 — a ratio that pushed new-listing activity to outpace contract-signing by better than four to one, up from roughly three to one last month. Months of supply ticked up slightly to about five and a half, though it remains well below Dallas County's six-plus, indicating the zip code still absorbs homes faster than the broader market. The widening gap between new supply and pending activity is a second straight month of divergence, a signal worth watching heading into late summer.

The negotiation table in 75062 shifted significantly this quarter: while the share of deals including seller concessions held at roughly 55 percent, the average dollar amount of those concessions jumped to nearly $11,600 — up from about $7,300 one quarter prior — based on MLS data for June 2026 closings in 75062. That surge arrived alongside a meaningful tightening in list-price execution: sellers closed within about one and a half cents on the dollar of asking price, compared to roughly three cents over the trailing year. Price per sqft held near $206, and the share of buyers landing below asking narrowed to about a third, down from nearly half over the prior twelve months.

New listing activity in 75062 outpaced pending contracts by roughly three to one over the latest quarter — 134 new listings against 43 pending contracts — a ratio suggesting supply is accumulating faster than demand is clearing it. Active inventory held near 138 homes. Months of supply at about five and a third sits below Dallas County's six-plus, indicating this zip code continues to absorb more efficiently than the broader market, though the widening gap between new supply and pending volume is a forward signal heading into Q3.

Price per sqft in 75062 reached roughly $210 in the most recent quarter — modestly above the trailing-year average of $206 — while median sale prices held near $335,000, based on MLS data for May 2026 closings in 75062. Despite a year-over-year price decline of about five percent, the share of buyers landing below asking price narrowed sharply from nearly half of all transactions to about a third. Concession participation remained elevated, with more than half of deals including a seller contribution averaging around $7,300 — and sellers closed within about two cents on the dollar of their asking prices, a meaningful tightening from the trailing-year average.

Active listings in 75062 held steady at roughly 115 homes while pending contracts reached only 39 — a ratio that, directionally, suggests supply is absorbing faster than new demand is forming. Months of supply sits near five and a half, well below Dallas County's seven-plus, indicating this zip code has meaningfully less slack than the broader market. New listing activity of around 114 homes over the quarter roughly matched pending volume, leaving little indication of the widening supply cushion that buyers in many Dallas County sub-markets are currently experiencing.