75115 Home Values

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.

While Dallas County's median closing price climbed above $200 per square foot this quarter, 75115 continued to close well below that mark, near $148 per square foot — a gap that has held steady through the spring and into summer. Based on MLS data for July 2026 closings in 75115, sellers still gave back a meaningful share of asking price, with roughly two-thirds of transactions carrying concessions, a rate well above the county's closer-to-half figure. Sellers nonetheless captured about ninety-seven cents on the dollar at closing, in line with the county's own average. The median sale price settled near $339,000, with year-over-year pricing continuing its modest drift lower.

The pipeline in 75115 is absorbing more slowly than Dallas County as a whole: with roughly seven and a half months of supply on hand, the zip code carries meaningfully more inventory relative to demand than the county benchmark. Pending contracts make up a noticeably smaller share of active listings here than countywide, even as new listings continue entering at a steady clip. The gap suggests 75115 is lagging the broader county's absorption pace heading into late summer, with no clear signal yet that the pipeline is catching up.

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.