75134 Home Values

While Dallas County's median closing price held near $379,000 this quarter, 75134 settled well below that mark — closed sales in the zip code priced out at roughly $151 per square foot against the county's $206, a gap of more than a quarter, based on MLS data for 2026-07 closings in 75134. The divergence extends to negotiating dynamics: roughly eight in ten closed transactions here carried a concession, versus about half countywide, with sellers giving back an average of $8,250 at the table. With just over 40 quarterly closings, the sample is directional rather than definitive, but the gap between 75134 and its county benchmark looks structural, not seasonal.

Pending contracts in 75134 fell to just seven this quarter, down sharply from year-ago levels, even as new listings held near 74 and active inventory stayed flat at roughly 97 — a supply cushion barely denting the county's own build-up above six months. That imbalance mirrors, rather than diverges from, the county-wide pattern: months of supply in the zip sits only slightly above the Dallas County reading, suggesting the pricing gap between 75134 and its neighbors stems more from where sellers are willing to land than from any distinctly local absorption problem.

For the second consecutive quarter, contract timelines in 75134 compressed sharply — homes that closed took roughly 48 days on average, down from about 81 days over the trailing year, based on MLS data for 2026-06 closings in 75134. That velocity is not translating into seller pricing power. No transactions cleared above list price this quarter, more than half closed below it, and nearly eight in ten included a concession averaging around $8,400. Price per square foot edged down to roughly $155, against a year-over-year price decline that now exceeds 12 percent — faster contract timelines are being achieved by accepting deeper discounts, not by any strengthening of demand.

The pipeline entering mid-2026 in 75134 points toward continued softness in absorption. Just 17 contracts were pending against 77 active listings and 78 new listings over the same three-month window — supply well ahead of committed demand. Months of supply has held near five and a half, with new listing volume closely matching closings rather than pending activity. Dallas County as a whole is carrying over six months of supply, suggesting conditions suppressing absorption in 75134 are part of a broader countywide pattern rather than a local anomaly.

Homes that closed in 75134 during the latest quarter moved to contract in roughly half the time recorded over the prior year — a compression from around 84 days to about 54 — based on MLS data for 2026-05 closings in 75134. The directional data suggests sellers willing to negotiate are finding buyers: nearly eight in ten closed transactions included a concession, up from about six in ten over the trailing year, with the average concession amount rising by roughly $1,800. The limited sample suggests that buyers are extracting meaningful concessions, yet properties are clearing faster, pointing to a market sorting itself between motivated sellers and price-sensitive buyers.

Pipeline conditions in 75134 tell a more cautious story than the velocity of recent closings might imply. With only about 17 pending contracts against 70 active listings and roughly 72 new listings entering the market over the same three-month window, supply is replenishing faster than it is absorbing. Months of supply edged up to nearly six, and the imbalance between new listings and pending activity suggests the pace of closings may moderate heading into the next quarter.