75152 Home Values
75152 Market Snapshot
| Active 58 listings | New 17 30 days | Closed 11 30 days | Pending 4 30 days | Supply 6.2 months | Absorption 10.3% monthly | Over List 7.1% sold above | Under List 36.9% sold below | Concessions 53.6% % of solds | Avg Concession $9,838 seller paid |
Source: NTREIS MLS • Excludes leases • Jul 2026
75152 Market Trends
Acreage and Elbow Room South of Dallas
This zip code stretches across southern Ellis County where Palmer meets the outskirts of Ovilla, and the housing stock tells that story. You'll find double-wides on multi-acre tracts sitting a few roads over from brand-new four-bedroom plans in The Meadows at Palmer. Older brick ranches from the 70s and 80s line the established streets near downtown, many on half-acre-plus lots with outbuildings, workshops, and the occasional fishing pond. Scattered throughout are raw land parcels and build-ready lots waiting for someone to bring a floor plan or a manufactured home.
Extending a pattern first evident this spring, three in four sales in 75152 closed with a seller concession this quarter, based on MLS data for 2026-07 closings in 75152 — up from roughly six in ten across the trailing year. Average concessions held near $12,500, well above the $9,850 annual norm, even as price per square foot ticked only marginally higher to about $199. The share of homes selling above list roughly halved from the year-ago pace, and sellers gave back slightly more at closing. The limited sample of about two dozen closings keeps these readings directional, though homes still closed a bit faster than the annual average, near 37 days.
Pending contracts in 75152 fell to roughly eight this quarter, well below the trailing-year pace of about thirteen, even as new listings held close to typical volume near 32. That gap between fresh supply and contracts moving toward closing suggests the concession pressure evident in recent closings may persist into early fall. Active inventory held flat near 52 homes, and months of supply eased slightly to about six and a half — still above Ellis County's roughly six-month benchmark — leaving the near-term balance tilted toward buyers even as the oversupply moderates modestly.
Market Updates
Extending a pattern first evident this spring, three in four sales in 75152 closed with a seller concession this quarter, based on MLS data for 2026-07 closings in 75152 — up from roughly six in ten across the trailing year. Average concessions held near $12,500, well above the $9,850 annual norm, even as price per square foot ticked only marginally higher to about $199. The share of homes selling above list roughly halved from the year-ago pace, and sellers gave back slightly more at closing. The limited sample of about two dozen closings keeps these readings directional, though homes still closed a bit faster than the annual average, near 37 days.
Pending contracts in 75152 fell to roughly eight this quarter, well below the trailing-year pace of about thirteen, even as new listings held close to typical volume near 32. That gap between fresh supply and contracts moving toward closing suggests the concession pressure evident in recent closings may persist into early fall. Active inventory held flat near 52 homes, and months of supply eased slightly to about six and a half — still above Ellis County's roughly six-month benchmark — leaving the near-term balance tilted toward buyers even as the oversupply moderates modestly.
Closings in 75152 moved modestly faster this quarter, with homes spending roughly 42 days on market before closing — a slight improvement from the trailing-year average, based on MLS data for 2026-06 closings in 75152. Price per square foot held near $195, flat with the annual baseline and a premium over Ellis County's trailing average. The directional sample of around two dozen closings points toward measured activity: sellers received about 97 cents on the dollar at closing, and nearly half of all transactions settled below the original list price. Over the past year, values have drifted roughly three percent lower year-over-year, continuing a pattern of gradual softening that has characterized this zip.
Pending activity in 75152 held at roughly 17 contracts — nearly unchanged from the prior period — while new listings continued to outpace demand at close to 39 units over the quarter. With months of supply near seven, above Ellis County's county-wide figure of about six months, the supply-to-absorption gap in 75152 remains wider than the broader market. Active inventory held at roughly 49 homes, directionally suggesting listing volume has not triggered a meaningful uptick in buyer interest. The pipeline data points toward continued soft velocity heading into Q3, with no clear acceleration in pending activity to indicate a near-term shift.
The negotiation gap in 75152 widened sharply in the most recent quarter, based on MLS data for 2026-05 closings. With nearly eight in ten transactions now including seller concessions — up from roughly six in ten over the trailing year — and average concession amounts climbing to around $13,000, sellers in this zip code gave back measurably more at the table than they did in earlier periods. Price per square foot held near $195, a modest premium over Ellis County's trailing average, while homes spent roughly 47 days on market before closing. The limited sample of around 19 closings this quarter suggests directional rather than definitive conclusions, but the concession data points consistently toward a market where buyer negotiating leverage is being exercised.
The pipeline in 75152 reflects a market adjusting to elevated supply conditions. With months of supply near seven and active listings holding steady at roughly 44 homes, the supply-to-demand balance remains tilted toward buyers. Pending contracts — around 16 — trail new listings by a wide margin, suggesting absorption has not kept pace with listing activity. Directionally, the data points toward continued buyer leverage heading into summer, consistent with Ellis County's broader pattern of soft demand relative to available inventory.
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Market data last updated Aug 1, 2026, 6:00 AM CDT · Editorial updated Jul 26, 2026, 3:11 PM CDT
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