75074 Home Values

Closings in 75074 wrapped up noticeably faster this quarter, with homes selling in about three weeks on average — nearly a third quicker than the trailing 12-month pace — based on MLS data for 2026-07 closings in 75074. Price per square foot held essentially flat at just over $210, keeping the zip's valuation above the Collin County benchmark even as the median sale price eased to the high $390s. Sellers continued collecting nearly 99 cents on the dollar at closing, edging past the annual average. Concessions turned up in roughly four in ten transactions, down from the trailing year's closer-to-half rate, with the typical giveback trimmed to under $6,000.

The pipeline in 75074 backs up that faster pace: pending contracts thinned to roughly 30 this quarter, continuing a pullback in the backlog that's been building over recent months, even as new listings kept arriving at a similar clip near 158 and active inventory held steady around 174. Months of supply ticked up slightly to just under six — still a touch tighter than Collin County's broader pace of just over six months. That mix of steady new supply and a shrinking pending backlog points to contracts moving through the pipeline more quickly, rather than a slowdown in overall demand.

The negotiation gap between list and sale prices in 75074 narrowed sharply this quarter — sellers recovered nearly 98 cents on the dollar at closing, outpacing the Collin County average, based on MLS data for 2026-06 closings in 75074. Price per square foot held at roughly $212, a slight edge above the county benchmark. Concessions appeared in fewer than half of transactions, with the median concession near $6,200 — down from the full-year average. Year-over-year values remain under pressure, off roughly 8.5%, though the quarterly picture shows sellers defending their position more effectively than the annual trend implies. Homes closed in about 26 days.

The velocity story in 75074 is where conditions diverge most from the county baseline. Months of supply sits near five and a half — meaningfully below Collin County's roughly six months — with active inventory holding steady while new listing activity adds roughly 159 homes to the pipeline each quarter. Pending contracts number just over 50, a pipeline that is proportionally tight relative to the supply on offer. That absorption dynamic, combined with supply running below county pace, suggests demand is absorbing new listings without building a meaningful backlog — a stabilizing signal for the quarters ahead.

Price per square foot in 75074 landed at roughly $209 in the latest quarter — above the Collin County median of $198 — based on MLS data for 2026-05 closings in 75074. Sellers here collected about 98 cents on the dollar at closing, a meaningfully better recovery than the county's 96 cents. Concessions appeared in roughly four in ten transactions, a lower share than the trailing annual rate, and the median concession held near $7,000. Year-over-year values have pulled back about 8%, though the gap between 75074's per-square-foot figure and the county benchmark has widened in the zip's favor. Homes that sold closed in roughly 26 days on average.

The supply picture in 75074 diverges from Collin County's broader market in a notable way: months of supply sits near five and a half here, well below the county's nearly seven months. New listing activity matched the active inventory count almost precisely this quarter, signaling that absorption is keeping pace with fresh supply. Pending contracts — about 49 at last count — reflect a pipeline that, while modest in absolute terms, is proportionally tighter than the county baseline. That supply cushion gives 75074 sellers a structural advantage heading into the next period.