75087 Home Values

Homes in 75087 sold at a price roughly seven percent above Rockwall County's median, and price per square foot ran a few dollars ahead of the county's as well, based on MLS data for 2026-09 closings in 75087. Sellers collected about 96 cents on the dollar of list price, level with the county's mark, and roughly six in ten deals carried concessions averaging about $11,500, in line with last month. Homes took close to eight weeks to sell across about 255 closings in the quarter. Only about one in sixty closed above list, so the zip's premium has not translated into extra pricing leverage.

Pipeline signals put 75087 on tighter footing than Rockwall County overall. Months of supply slipped to about six and a half, against nearly seven and a half countywide and roughly seven and a third in the zip last month. Active listings still outnumber pending contracts by about thirteen to one, narrower than last month's fourteen-to-one gap, as pending counts edged up while new listings, at under 400 homes, stayed light. Median days on market of nearly eight weeks point to a moderate pace. The zip's relative advantage depends on that small pending gain holding.

For the first time in three months, the average concession in 75087 pulled back — down to roughly $11,600 after climbing past $12,000 in the prior quarter, based on MLS data for 2026-08 closings in 75087. The concession rate itself held steady near six in ten transactions, but sellers walked away with just over 96 cents on the dollar of list price, a slight improvement on last quarter's mark. Barely one in a hundred transactions closed above list, underscoring how little pricing leverage sellers still hold. Price per square foot stayed anchored near $191, in line with the trailing year's $193, on close to 235 closings, with the median sale price ticking up to roughly $495K.

The forward pipeline complicates any read of newfound seller leverage. Active listings in 75087 outnumbered pending contracts by nearly fourteen to one this quarter, a wider gap than the roughly nine-to-one ratio seen last quarter, even as new listing activity eased to under 400 homes. Months of supply held near seven and a third months, still comfortably below Rockwall County's broader pace of almost eight months. The imbalance suggests the recent pullback in concessions may not hold if pending contracts don't pick up pace.

Closing timelines in 75087 kept compressing this quarter, with homes needing a median of roughly seven and a half weeks to sell, comfortably inside the trailing year's pace of nearly ten weeks, based on MLS data for 2026-07 closings in 75087. Nearly 240 closings during the period ran a touch ahead of the annual clip. Price per square foot held essentially flat near $191, within a dollar of the year's $193 mark, so the faster pace at the closing table isn't reshaping valuations. Sellers collected just under 96 cents on the dollar of list price, a shade better than the annual average, even as the average concession climbed further past $12,000.

The pipeline complicates that velocity story. New listings added roughly 435 homes to 75087's inventory this quarter, while pending contracts numbered just over 60 — a wide gap that left active listings outnumbering pending deals by more than nine to one. Months of supply held near seven and a third months, essentially in line with Rockwall County's broader pace, signaling that incoming supply is building faster than contracts are converting. The faster path to closing evident in recent sales has yet to translate into a tighter forward-looking pipeline.