75115 Home Values
75115 Market Snapshot
| Active 292 listings | New 73 30 days | Closed 44 30 days | Pending 7 30 days | Supply 7.6 months | Absorption 8.6% monthly | Over List 2.8% sold above | Under List 47.3% sold below | Concessions 62% % of solds | Avg Concession $11,198 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75115 Market Trends
New Builds Reshaping DeSoto's Southern Corridor
DeSoto's housing stock splits into two distinct chapters. East of I-35E, you'll find the brick ranch homes and split-levels that defined the 80s and 90s boom -- Windmill Hill, Hidden Canyon, Park Ridge Estates -- most on quarter-acre lots with mature tree canopy. West of the highway, Bloomfield and Kindred Homes are actively building out Parkerville Meadows with single- and two-story plans starting in the mid-$400s. Sprinkled through the older sections are duplexes and small multi-family pockets, plus the gated Thorntree enclave tucked around its golf course.
Homes in 75115 moved off the market in a median of 44 days at close during the latest quarter — a faster pace than the 54-day figure reflected in May closings and a modest uptick in absorption for a zip code that has otherwise tracked sluggishly. Based on MLS data for June 2026 closings in 75115, sellers received back nearly 97 cents on the dollar, and concession activity remained elevated: roughly two-thirds of transactions included seller concessions averaging close to $11,000. Not a single sale closed above the original ask, with about four in ten settling below list. Price per square foot held near $154, essentially flat year-over-year.
The pipeline in 75115 tells a more cautious story than the velocity data alone suggests. With supply sitting at nearly eight months and active inventory holding at 278 listings, the market carries a meaningful overhang relative to pending volume — just 48 contracts in queue against more than 200 new listings entering over the same stretch. Dallas County as a whole showed a tighter pending-to-inventory ratio, suggesting 75115 is absorbing new supply more slowly than the county benchmark. Near-term conditions favor buyers, with no indication of the pipeline tightening.
Market Updates
Homes in 75115 moved off the market in a median of 44 days at close during the latest quarter — a faster pace than the 54-day figure reflected in May closings and a modest uptick in absorption for a zip code that has otherwise tracked sluggishly. Based on MLS data for June 2026 closings in 75115, sellers received back nearly 97 cents on the dollar, and concession activity remained elevated: roughly two-thirds of transactions included seller concessions averaging close to $11,000. Not a single sale closed above the original ask, with about four in ten settling below list. Price per square foot held near $154, essentially flat year-over-year.
The pipeline in 75115 tells a more cautious story than the velocity data alone suggests. With supply sitting at nearly eight months and active inventory holding at 278 listings, the market carries a meaningful overhang relative to pending volume — just 48 contracts in queue against more than 200 new listings entering over the same stretch. Dallas County as a whole showed a tighter pending-to-inventory ratio, suggesting 75115 is absorbing new supply more slowly than the county benchmark. Near-term conditions favor buyers, with no indication of the pipeline tightening.
At roughly $155 per square foot, 75115 closes at a meaningful discount to the broader Dallas County market, where recent sales tracked closer to $200 per square foot. Based on MLS data for May 2026 closings in 75115, sellers gave back about three cents on the dollar on average, and nearly two-thirds of transactions included concessions averaging around $11,000. Close to half of sales settled below the original list price, with homes spending a median of 54 days under contract before closing. Year-over-year, the median sale price has drifted slightly lower, continuing a modest softening trend across the zip code.
Supply in 75115 has climbed to eight months—one month above the Dallas County benchmark—indicating limited absorption in the near term. Pending volume over the recent quarter is running below the pace implied by full-year activity, while active inventory holds at 278 listings. New listings continue to enter at a steady rate, keeping supply elevated. The pipeline data collectively points toward continued buyer-favorable conditions in 75115, with no near-term signals of inventory tightening.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 13, 2026, 11:08 PM CDT
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