75143 Home Values
75143 Market Snapshot
| Active 434 listings | New 58 30 days | Closed 31 30 days | Pending 6 30 days | Supply 13 months | Absorption 5.5% monthly | Over List 1.3% sold above | Under List 45.6% sold below | Concessions 27.7% % of solds | Avg Concession $8,909 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 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.
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.
Market Updates
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 Jul 1, 2026, 6:00 AM CDT · Editorial updated Jul 12, 2026, 7:10 PM CDT
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