75104 Home Values

A surge in closings — nearly 150 in the latest quarter — gives 75104's price signals firm footing, and they continue to land well under Dallas County's broader benchmark. Based on MLS data for 2026-09 closings in 75104, price per square foot ran roughly $170, versus close to $201 across the county — a gap that has narrowed from nearly a fifth in the spring readings to about 15 percent now. Median sale prices followed the same pattern, closing near $332,000, about a tenth below the county's typical sale. Sellers still gave back concessions on nearly two-thirds of transactions, well above the county's roughly one-in-two rate, even as list-to-sale ratios in the zip matched the county almost exactly.

The pipeline in 75104 tracks Dallas County's broader pace more closely than recent quarters suggested. Months of available supply eased to roughly six and eight-tenths, edging back from last month's uptick and landing almost exactly where the county sits. Pending contracts and new listings each account for roughly the same share of county totals as the zip's slice of active inventory, suggesting absorption here is moving in step with the wider county rather than lagging behind it, even as the supply cushion continues to favor buyers over sellers.

Closed sales in 75104 continued moving at a brisk clip in the latest quarter, with the median time to closing running about five days faster than the trailing annual pace. Based on MLS data for 2026-08 closings in 75104, the median sale price eased slightly to roughly $328,000, a modest step back from last month's reading even as sellers still collected close to 98 cents on the dollar at the table. Concessions crept up to just over $9,000 on average, appearing in a bit more than half of transactions — a share that continues to run a touch above Dallas County's broader rate. Roughly four in ten sales closed below asking.

The pipeline behind that pace tells a mixed story. New listing activity in 75104 kept pace with the trailing annual rate, but pending contracts continued running well short of what that volume of new supply would typically generate — a gap that has now persisted across multiple readings. Months of available inventory ticked up slightly to roughly seven and a half, keeping the zip in buyer-favorable territory even as active listings held flat in the low 300s. The imbalance between fresh supply and contracts in progress suggests absorption has yet to catch up with listing activity heading into fall.

Price per square foot in 75104 held near $167 this quarter, roughly one-fifth below Dallas County's broader benchmark of about $206 — a gap that has persisted since at least the spring reading and shows little sign of closing. Based on MLS data for 2026-07 closings in 75104, the median sale price near $334,000 ticked up modestly from the trailing annual pace, even as the county's typical sale continued to clear well above local levels. Sellers in the zip received roughly 97 cents on the dollar at closing, in line with the county rate, while slightly more than half of transactions still carried a concession, a share a touch above the broader county average.

The pipeline in 75104 still carries meaningfully more slack than the county as a whole: months of available supply near seven and a half remain well above Dallas County's broader reading of about six and a half months, and homes continue to sit on the market roughly a week longer than the county median despite recent improvement from the annual pace. Active listings held steady in the low 300s, while pending contracts fell short of the run rate implied by the past year's figures, suggesting absorption in the zip has not kept stride with the county's faster-clearing pipeline.