75098 Home Values

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.

The negotiation gap between list and sale prices in 75098 tightened modestly in the most recent quarter, with sellers receiving roughly 97 cents on the dollar at closing — a slight improvement over the trailing annual average. Based on MLS data for 2026-05 closings in 75098, price per square foot held near $194, while the median sale price came in around $430K, roughly 3% below the full-year baseline. About half of all closed transactions included seller concessions, with buyers extracting an average of just over $8,000 back at the table. Homes that sold went under contract in roughly 48 days, somewhat faster than the prior twelve-month pace.

With more than 430 active listings against only 115 pending contracts, the supply-demand imbalance in 75098 remains firmly tilted toward buyers heading into mid-2026. At roughly 7 months of supply, the pipeline suggests continued negotiating room for purchasers — well above the threshold that historically shifts leverage toward sellers. New listing volume of nearly 370 over the past three months has outpaced pending activity by a wide margin, sustaining the overhang. Until pending counts close the gap with active inventory, absorption conditions in 75098 are unlikely to shift materially.