75115 Home Values

Closing speed in 75115 has settled at a median of about a month, matching Dallas County, even as per-square-foot pricing near $152 stays well below the county's $200 mark. Based on MLS data for October 2026 closings in 75115, the median sale price climbed to roughly $345,000, a lift of about five percent from September's reading, though the trailing-year trend remains down by nearly five percent. Concessions touched nearly three in four transactions, against about half countywide, yet the average give-back eased to roughly $8,700. Sellers recovered about ninety-eight cents on the dollar, a touch above the county's rate.

Pending contracts in 75115 ticked up to 16 for the quarter, a modest rise after hovering near 13 to 14 in recent months. Active inventory held near 283 listings, and months of supply eased to about six and a third, now tighter than Dallas County's benchmark of roughly seven months. New listings, at about 170 for the quarter, still outpace contracts by a wide margin, so the improvement in absorption looks tentative. Days on market near a month matches the county, suggesting velocity is stabilizing rather than accelerating.

The valuation gap between 75115 and Dallas County widened again this quarter, with per-square-foot pricing near $150 against the county's roughly $201 benchmark — among the widest divides the zip code has posted against the county this year. Based on MLS data for September 2026 closings in 75115, the median sale price settled near $328,000, also trailing the county's roughly $371,000 midpoint. Concessions remained far more common here than countywide, with close to two-thirds of transactions carrying seller give-backs against roughly half of county sales, though the average concession eased to about $9,700. Sellers still captured nearly ninety-eight cents on the dollar at closing, essentially matching the county's own rate.

Pipeline activity in 75115 is absorbing new supply faster relative to Dallas County than it has in recent months. Months of supply eased to about six and a half, narrower than the county's own benchmark near six and seven-tenths for the first time this year. Pending contracts still made up a smaller share of active listings here than countywide, with just 13 contracts against 285 active listings. New listings also pulled back from their summer pace. The signals point toward 75115 narrowing its supply gap with the county even as contract formation lags the broader market.

Homes in 75115 closed in a median of 33 days this quarter, the fastest pace the zip code has logged since spring and a marked pickup from the mid-40s pace seen earlier in the year. Based on MLS data for August 2026 closings in 75115, 126 sales closed in the trailing quarter, running ahead of the zip code's trailing-year average. Sellers gave ground at the table — just over two-thirds of transactions carried concessions averaging roughly $10,700 — though sellers still captured nearly ninety-eight cents on the dollar at closing. The median sale price held near $333,000, with per-square-foot pricing near $150, still trailing Dallas County's benchmark and continuing a mild year-over-year retreat of nearly six percent.

The pipeline in 75115 tells a different story than this quarter's faster closings. Pending contracts fell sharply to just 14 for the quarter, a steep pullback from the pace seen earlier this year, even as new listings kept arriving at a brisk clip — nearly 200 over the same stretch. Active inventory held steady at 296 listings, and months of supply eased only slightly to about seven, still well above Dallas County's benchmark near six and a half. The widening gap between new listings and forming contracts suggests the recent pickup in closing speed may not carry into fall.