75078 Home Values

Price per square foot in 75078 settled near $240 this quarter — roughly 18% above Collin County's broader mark of $203, a premium that has held steady through several months of readings. Based on MLS data for 2026-08 closings in 75078, the median sale price came in near $844,000, essentially flat against the trailing-year figure. Homes here also took longer to close than the county typically sees: a median of 49 days at contract, two weeks past the county's 35-day pace. Concessions appeared in just over half of transactions, trailing Collin County's roughly six-in-ten share, even as sellers recovered close to 96 cents on the dollar — a shade under the county's 97-cent recovery.

The pipeline in 75078 remains looser than the county at large: months of supply stands near eight, close to two months above Collin County's roughly six-month benchmark, while active listings held near 780 against a pending count of just 33. New listings continued arriving at a brisk pace — north of 500 in the quarter — keeping the supply gap with the county wider than typical. That imbalance suggests absorption in this price tier continues to lag the broader county's tighter pipeline, a pattern that has persisted across recent readings.

Homes in 75078 that closed this quarter spent noticeably less time under contract than the trailing-year norm — a median of 45 days at close, down from 58 across the past twelve months. Based on MLS data for 2026-07 closings in 75078, price per square foot settled near $242, a shade below the trailing-year mark of $248 as the market continues digesting last year's softening. The median sale price cleared roughly $860,000, extending a gradual climb from the low-$800,000s logged earlier this year. Sellers recovered close to 96 cents on the dollar, with concessions touching nearly half of transactions at an average of roughly $15,000 — a rate ticking higher than the trailing-year pace of just under 45%.

The velocity story in 75078 is not uniform: pending contracts fell to roughly 74, down sharply from last month's pace even as active listings held near 800 and new listings continued arriving at a brisk clip — nearly 620 in the quarter. Months of supply eased slightly to just under nine, still well above Collin County's roughly six-month benchmark. The widening gap between new listings and pending contracts suggests absorption in this price range is slowing even as supply keeps arriving, a dynamic that stands in contrast to the county's tighter pipeline.

The zip 75078 commands a per-square-foot valuation roughly $44 above Collin County's broader average — around $245 per square foot against the county's $201 — a spread that has held through the current soft-pricing cycle. Based on MLS data for 2026-06 closings in 75078, the median sale cleared near $837,000 with sellers recovering just under 97 cents on the dollar. Half of all transactions included seller concessions averaging roughly $16,000 — a rate meaningfully below the county's six-in-ten pace but at dollar amounts nearly four times larger, reflecting the premium price range that defines this zip.

The supply imbalance between 75078 and the broader county deepened in the latest reading: months of supply in the zip stands near 9.1, roughly three months above Collin County's 6.1 pace, confirming that buyer leverage in this price tier remains intact even as the county as a whole trends toward equilibrium. Active inventory held steady near 796 listings while pending contracts numbered roughly 137 — a pending-to-active ratio considerably narrower than county-wide figures, suggesting absorption in the upper price range continues to lag broader market momentum.