75143 Home Values
75143 Market Snapshot
| Active 431 listings | New 51 30 days | Closed 19 30 days | Pending 5 30 days | Supply 19.3 months | Absorption 3.9% monthly | Over List 2.1% sold above | Under List 45.2% sold below | Concessions 27.1% % of solds | Avg Concession $11,770 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
75143 Market Trends
Cedar Creek Lake Drives Every Deal Here
This zip stretches across the western shore of Cedar Creek Lake and the small towns of Kemp and Tool, where the housing stock splits cleanly between two worlds. Along the waterfront, you'll find pier-and-dock cottages from the 1970s sitting next to custom-built lakefront homes with open-water views and boathouses. Move a few miles inland and the landscape shifts to manufactured homes on multi-acre tracts, small cattle ranches with ag exemptions, and pockets of new construction subdivisions.
Concessions did the heavy lifting in 75143 this quarter: the average seller credit climbed to roughly $19,000, more than double the roughly $8,000 of a quarter earlier, even though the share of deals carrying one stayed near one in four. Based on MLS data for October 2026 closings in 75143, sellers received about 95% of asking price, and nearly half of sales settled below list. The median sale price rose to roughly $267,000 while price per square foot slipped to about $165, directionally suggesting larger, pricier homes drove the gain rather than broader appreciation. Closings took around 68 days, and the limited sample of 67 sales warrants caution.
Pending contracts in 75143 stayed pinned at 17 against roughly 430 active listings, pushing months of supply back to nearly 19 from about 17 a quarter earlier, a level last seen in the spring. Active inventory dipped slightly from 452, and new listings eased to about 162 from 169, a sixth consecutive month of softer intake. Still, days on market stretched to roughly 68 from 50, a slowing signal that suggests contracts are taking longer to materialize. The buyer-favorable imbalance persists, with the thinning listing pace the only offset.
Market Updates
Concessions did the heavy lifting in 75143 this quarter: the average seller credit climbed to roughly $19,000, more than double the roughly $8,000 of a quarter earlier, even though the share of deals carrying one stayed near one in four. Based on MLS data for October 2026 closings in 75143, sellers received about 95% of asking price, and nearly half of sales settled below list. The median sale price rose to roughly $267,000 while price per square foot slipped to about $165, directionally suggesting larger, pricier homes drove the gain rather than broader appreciation. Closings took around 68 days, and the limited sample of 67 sales warrants caution.
Pending contracts in 75143 stayed pinned at 17 against roughly 430 active listings, pushing months of supply back to nearly 19 from about 17 a quarter earlier, a level last seen in the spring. Active inventory dipped slightly from 452, and new listings eased to about 162 from 169, a sixth consecutive month of softer intake. Still, days on market stretched to roughly 68 from 50, a slowing signal that suggests contracts are taking longer to materialize. The buyer-favorable imbalance persists, with the thinning listing pace the only offset.
While price per square foot in 75143 eased for a second straight month to $167, the median sale price pushed to roughly $259,000 — its highest mark in recent quarters — widening a gap that points to a shift in which homes changed hands rather than a broad repricing. Based on MLS data for September 2026 closings in 75143, 79 transactions closed over the trailing quarter. Time to close tightened to 50 days, resuming an improvement that had stalled last quarter. Sellers received just under 97% of asking price, and the share of homes settling below list narrowed to roughly 37%, even as concessions — still present in about one in four deals, averaging roughly $8,000 — eased slightly from the prior quarter.
Months of supply in 75143 climbed further to roughly 17, extending the uptick that began last quarter and deepening a buyer-favorable imbalance that has persisted most of the year. Active inventory held essentially flat near 452 listings, while new listing activity slowed again, down to about 169 and marking a fifth consecutive month of softer intake. Pending contracts slipped further to 18, a third straight quarterly decline. Together the signals describe a market where the shelf stays full relative to demand, even as the pullback in fresh listings may eventually help close that gap.
A slower quarter for closings in 75143 — 92 sales, down from 100 the prior period — set the backdrop for price per square foot easing to $172, based on MLS data for 2026-08 closings in 75143. The median sale price held firmer ground near $241,000, a divergence that points to a shift in which homes closed rather than a broad repricing. Time to close matched last quarter's pace at 55 days, holding the improvement seen earlier this year rather than extending it. Sellers received just over 96% of asking price on average. Nearly three in ten deals carried concessions, averaging roughly $9,000, and close to four in ten sales settled below list.
Pending contracts in 75143 shrank further this quarter, slipping to 19 from 24 — a second straight decline after last quarter's sharp pullback from the low-50s. New listings eased too, down to 192 and marking a fourth consecutive month of softer intake, even as active inventory kept climbing, reaching 458. Months of supply ticked back up to roughly 15, reversing three months of gradual improvement and underscoring how thin the contract pool has become relative to what's on the shelf.
After holding near $173 per square foot for two straight months, price per square foot in 75143 edged up to $176 in the quarter ending July, even as the median sale price slipped to roughly $227,000 — still down about twelve percent from a year ago. Based on MLS data for July 2026 closings in 75143, closings moved noticeably faster this quarter, with the median time to close falling to 55 days from 62 the prior period, and the pace of completed sales ticked higher to 100 transactions. Sellers received just under 96% of asking price on average. One in four closed deals included concessions, averaging roughly $9,700, while more than four in ten sales settled below list.
Pending contracts in 75143 cut nearly in half this quarter, dropping to 24 from the low-50s just three months earlier — the sharpest pipeline shift the zip has shown in recent memory. Active listings held steady near 434, widening the gap between shelf inventory and homes under contract. New listings kept arriving at a brisk pace, near 209 over the trailing quarter, keeping months of supply elevated at about 13 and squarely in buyer-favorable territory. That shrinking contract pool suggests fewer closings are likely to follow in the months ahead, even as fresh listings keep the shelf well stocked.
Closed sales in 75143 ran at $173 per square foot in recent months, holding steady with the trailing annual baseline even as the median sale price settled near $228,000 — a modest step below the full-year figure. Based on MLS data for 2026-06 closings in 75143, 93 transactions closed over the trailing three months with a median of 62 days from list to close. Sellers received just over 95% of asking price on average, while nearly three in ten closed deals included seller concessions averaging around $9,000. Close to half of all sales settled below list.
Forward-looking signals in 75143 show some shift in supply pressure. Months of supply pulled back to about 14 from a near-19 reading the prior period — still deeply elevated but a meaningful directional improvement. With 428 active listings against 53 pending contracts, buyer demand remains limited relative to available stock. New listings over the trailing three months came in at 214, a slight easing from the prior period's pace, which may reduce the rate at which unsold inventory accumulates.
At roughly $173 per square foot, 75143 closings over the trailing three months directionally suggest per-foot values have held near their annual baseline — even as the median sale price has drifted to around $240K, a step below the full-year figure. Based on MLS data for May 2026 closings in 75143, the 67 recorded transactions took a median 72 days to close, and sellers received just under 96% of asking price on average. More than half of deals settled below list, and about one in five included seller concessions averaging close to $9,400. Year-over-year, closed prices in the zip have declined roughly 4%.
The pipeline in 75143 points toward continued softening in near-term conditions. With nearly 19 months of supply on hand and 419 active listings against only 53 pending contracts, the ratio of demand to available stock remains sharply tilted toward buyers. The 72-day median close duration further supports a picture of deliberate, slow-paced negotiation. New listings over the trailing three months reached 227, continuing to outpace absorption at a rate that limits meaningful inventory drawdown in the near term.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Oct 10, 2026, 7:28 PM CDT
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