75074 Home Values

Homes that closed in 75074 this quarter changed hands in roughly three weeks, nearly half the trailing-year duration, based on MLS data for 2026-09 closings in 75074. Nearly a hundred closings give the price signals firm footing: price per square foot held near $208, still above Collin County's roughly $201, while the median sale price slid to about $375K, a drop of nearly six percent from last month and far below the county's mid-$460Ks. Sellers collected close to 98 cents on the dollar, and about half of deals carried concessions averaging just over $7,000, a larger giveback than the roughly $6,000 typical last month.

Pending contracts in 75074 fell to about 15, half the roughly 30 recorded in July, even as new listings held near 155 and active inventory stayed close to 190. Months of supply eased to just under six, a touch tighter than Collin County's roughly six-month reading, and quick days on market show listings still clearing fast once they draw offers. The thin pending queue suggests recent rapid sales are drawing down the pipeline faster than fresh contracts replenish it, a velocity signal that bears watching into the fourth quarter.

Price per square foot in 75074 held steady at $210 this quarter, even as the balance of power at the closing table tilted further toward sellers — based on MLS data for 2026-08 closings in 75074. The share of homes selling below list price fell to roughly one in four, down from closer to four in ten a year ago, while sellers collected about 99 cents on the dollar at closing, up from 97 cents annually. Concessions still touched about half of transactions, though the typical giveback narrowed to around $6,000. The median sale price eased to just under $398,000, roughly 5.6% below year-ago levels, and homes closed in about three weeks — well ahead of last year's pace.

The pipeline in 75074 points to buyers losing ground rather than gaining it. Active inventory held flat near 195 listings while pending contracts continued the multi-month slide flagged in recent updates, thinning the backlog further. Months of supply crept up to roughly six and a half, still above Collin County's near six-month pace, yet new listings kept arriving at a steady clip — meaning the extra supply isn't translating into the kind of buildup that typically hands buyers more room to negotiate. Absorption, not oversupply, remains the dominant force in the zip's near-term outlook.

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.