75098 Home Values

Price per square foot in 75098 held near $192 this quarter, roughly 5% below the Collin County level, while the median sale price settled around $453,000. Based on MLS data for 2026-09 closings in 75098, the share of sales closing below asking dropped to about 43%, well under the roughly half seen across the past year, and sellers collected nearly 98 cents on the dollar. Concessions still touched just over half of deals, averaging about $7,400, a lighter rate than the county's six in ten. With roughly 240 closings behind these figures, buyers appear to be extracting less at the table than a year ago.

Buyer-side leverage in 75098 rests on a pipeline that still holds more supply than demand absorbs. Months of supply edged up to roughly six and a half, slightly above Collin County's level near six, as active listings rose to about 530. Pending contracts recovered to around 30 from roughly two dozen last month, a modest rebound, yet new listings arriving at more than 120 a month still outrun them by a wide margin. Homes that do sell are moving in about five and a half weeks; the supply cushion shows no sign of thinning heading into fall.

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.