75098 Home Values

Closed sales in 75098 kept accelerating this quarter, with the median time from listing to closing down to roughly five weeks — about a quarter faster than the trailing-year average near seven weeks, extending a monthslong pattern of compressing timelines. Based on MLS data for 2026-08 closings in 75098, price per square foot eased to about $190, slipping back after nearing $197 last month, while the median sale price settled near $460,000. Sellers still collected close to 98 cents on the dollar, and roughly four in ten sales closed below asking — down from just over half a year ago. Concessions appeared in nearly six in ten transactions, averaging just over $7,100.

The pipeline in 75098 points to a slowdown in contract formation even as new supply keeps arriving. Pending contracts fell to roughly two dozen, continuing a steep decline from earlier in the summer, while new listings held near 130 a month — outpacing the shrinking pending count by a wide margin. Active inventory stayed essentially flat near 500 homes, keeping months of supply close to six, still comfortably above the level that typically favors sellers. If pending activity doesn't stabilize, the gap between listings entering and contracts forming could widen further heading into fall.

Buyers in 75098 gave back a little negotiating room at the closing table this quarter. Based on MLS data for 2026-07 closings in 75098, price per square foot rose to roughly $197, up from about $195 over the trailing year, while the median sale price climbed to nearly $468,000. Sellers received close to 98 cents on the dollar, edging up from roughly 97 cents annually, and the share of closings settling below list slipped to under 44%, down from just over half a year ago. Concessions remained common — present in just over half of transactions, averaging roughly $7,700 — but the softer discount rate suggests the leverage buyers held earlier in the year narrowed modestly heading into midsummer.

The pipeline in 75098 tells a more balanced story than the closing numbers alone. Months of supply eased to roughly six, still comfortably above the level that typically favors sellers, while active listings held near 500 — essentially unchanged from the year-ago pace. Pending contracts fell sharply to roughly 60, down from well over 100 a month earlier, a pullback that, if sustained, could tighten the supply cushion buyers have relied on. For now, though, elevated active inventory keeps near-term leverage tilted toward purchasers in 75098.

Homes in 75098 moved off the market noticeably faster this quarter — the median days to close dropped to roughly 43, down from 51 days over the trailing year, signaling a meaningful acceleration in absorption pace. Based on MLS data for 2026-06 closings in 75098, price per square foot held near $194 and the median sale price came in around $440K. The share of closings settling below list fell to about 42%, down from 54% annually, while the fraction closing above ask edged up to roughly 4%. Sellers received close to 97 cents on the dollar, a slight improvement over the full-year average, with about half of transactions still including concessions averaging just over $8,000.

Absorption velocity in 75098 may be gaining traction, but the pipeline still carries substantial supply. With roughly 490 active listings against 124 pending contracts, the months of supply sits near 6.7 — well above the threshold that historically shifts conditions toward sellers. New listing volume of more than 415 over the quarter has continued to outpace pending activity, sustaining the inventory overhang even as DOM trends shorter. The DOM compression signals that motivated buyers are acting faster, but the gap between active and pending inventory leaves the broader balance of power tilted toward purchasers for now.