75092 Home Values
75092 Market Snapshot
| Active 459 listings | New 73 30 days | Closed 55 30 days | Pending 8 30 days | Supply 9.4 months | Absorption 4.6% monthly | Over List — sold above | Under List — sold below | Concessions — % of solds | Avg Concession — seller paid |
Source: NTREIS MLS • Excludes leases • Jul 2026
75092 Market Trends
New Builds Flood Sherman While Buyers Wait
Sherman's 75092 stretches across a patchwork of new master-planned subdivisions and older pockets of country living. Westmoor and Heritage Ranch are filling in fast with production-built single-stories and two-stories from Meritage and Lennar, typically three-to-four bedrooms on compact lots. Drive a few minutes out and you hit ranch-style homes on half-acre-plus parcels along FM roads and Highway 289. The duplex inventory near Fairview Park feeds a steady rental crowd. Southmayd adds affordable rural housing on the southern fringe.
A steady clip of closings -- 141 sales in the latest quarter -- kept price signals in 75092 on firm footing even as the pace of transactions itself barely shifted. Based on MLS data for July 2026 closings in 75092, price per square foot held near $162, essentially flat against last month's reading, while the median closed price settled around $318K. Homes that closed took roughly nine weeks from list to contract, in line with recent months. Sellers continued giving back nearly five cents on the dollar at closing, with concessions still touching almost six in ten transactions and averaging just over $9,200, a slight pullback from last month's average.
The pipeline tells a sharper story than the closed numbers alone. Pending contracts in 75092 fell to roughly 40 from the high eighties recorded last month, even as new listings eased only modestly and active inventory nudged higher to around 480 homes. That combination pushed months of supply up to roughly ten, widening from a reading closer to nine just one period earlier. The slowing contract pace, set against inventory that isn't shrinking, points to a pipeline decelerating faster than the closed-sale data alone would suggest.
Market Updates
A steady clip of closings -- 141 sales in the latest quarter -- kept price signals in 75092 on firm footing even as the pace of transactions itself barely shifted. Based on MLS data for July 2026 closings in 75092, price per square foot held near $162, essentially flat against last month's reading, while the median closed price settled around $318K. Homes that closed took roughly nine weeks from list to contract, in line with recent months. Sellers continued giving back nearly five cents on the dollar at closing, with concessions still touching almost six in ten transactions and averaging just over $9,200, a slight pullback from last month's average.
The pipeline tells a sharper story than the closed numbers alone. Pending contracts in 75092 fell to roughly 40 from the high eighties recorded last month, even as new listings eased only modestly and active inventory nudged higher to around 480 homes. That combination pushed months of supply up to roughly ten, widening from a reading closer to nine just one period earlier. The slowing contract pace, set against inventory that isn't shrinking, points to a pipeline decelerating faster than the closed-sale data alone would suggest.
With nearly nine months of supply on hand, buyers in 75092 carried measurable weight at the negotiating table this quarter. Almost three in five closed transactions settled below list price, and sellers gave back roughly four and a half cents on the dollar at closing — a concession rate that has crept upward from the trailing twelve-month baseline. Average concession amounts edged toward $9,500, the highest level in the recent record. Based on MLS data for June 2026 closings in 75092, price per square foot held near $161 while the median closed price settled around $320K, with homes spending just over two months on market before going under contract.
Months of supply in 75092 tightened modestly to just under nine from the prior trailing-period reading of nearly ten, a directional improvement even as active inventory held flat at roughly 460 homes. Pending contracts numbered only 84 against 293 new listings entering the market — a ratio that keeps supply elevated and sustains the conditions giving buyers room to negotiate. Until the pending-to-new-listing gap narrows materially, the pipeline does not yet signal a shift toward seller advantage.
Price per square foot in 75092 tracked roughly $8 below the broader Grayson County benchmark over the most recent three months, even as the median closed price settled near $326K — about five percent above the county midpoint. Sellers gave back roughly four and a half cents on the dollar, with just over half of all transactions carrying concessions averaging around $9,400. Homes that closed did so in roughly 61 days, noticeably faster than Grayson County's 71-day pace. Based on MLS data for recent closings in 75092, fewer than one in twenty sales cleared list price while year-over-year appreciation held near three percent.
With nearly 9.6 months of supply, the 75092 pipeline sits meaningfully tighter than Grayson County's 13-month reading — suggesting the zip code is absorbing listings at a healthier pace relative to supply. Active inventory stands at 463 homes against 104 pending transactions. New listings over the period numbered roughly 305, and the pending-to-new ratio outpaces the county, a directional signal that demand within 75092 is holding a stronger share of available inventory than Grayson as a whole.
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