75152 Home Values
75152 Market Snapshot
| Active 59 listings | New 13 30 days | Closed 4 30 days | Pending 0 30 days | Supply 7.7 months | Absorption 8.5% monthly | Over List 7.7% sold above | Under List 39.7% sold below | Concessions 60.3% % of solds | Avg Concession $10,109 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 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.
Concession sizes in 75152 narrowed sharply this quarter, even as the share of sales requiring one held close to last month's level, based on MLS data for 2026-09 closings in 75152. With 28 homes closing, the sample keeps these readings directional, but the typical seller gave back roughly $7,300 at the table, down from about $12,100 in August, while just over half of transactions still closed with some concession. Price per square foot held near $201, a premium over Ellis County's roughly $184 benchmark. Sellers continued collecting about 97 cents on the dollar, a touch below last month's pace, and homes took roughly six weeks to close, a bit longer than August's clip.
The forward pipeline in 75152 tightened again this quarter: active listings eased to roughly 52, and months of supply slipped to about five and a half — below Ellis County's near seven-month benchmark. Pending contracts held flat at roughly six even as new listings ticked up to around 37, a gap that, directionally, suggests sellers may face less pressure to negotiate away as much value in the months ahead, even as the flat contract pace keeps that read tentative.
Market Updates
Concession sizes in 75152 narrowed sharply this quarter, even as the share of sales requiring one held close to last month's level, based on MLS data for 2026-09 closings in 75152. With 28 homes closing, the sample keeps these readings directional, but the typical seller gave back roughly $7,300 at the table, down from about $12,100 in August, while just over half of transactions still closed with some concession. Price per square foot held near $201, a premium over Ellis County's roughly $184 benchmark. Sellers continued collecting about 97 cents on the dollar, a touch below last month's pace, and homes took roughly six weeks to close, a bit longer than August's clip.
The forward pipeline in 75152 tightened again this quarter: active listings eased to roughly 52, and months of supply slipped to about five and a half — below Ellis County's near seven-month benchmark. Pending contracts held flat at roughly six even as new listings ticked up to around 37, a gap that, directionally, suggests sellers may face less pressure to negotiate away as much value in the months ahead, even as the flat contract pace keeps that read tentative.
For a fourth consecutive month, homes closing in 75152 sold faster, with median days on market falling to roughly 33 — down from about 37 in July and 42 in June, based on MLS data for 2026-08 closings in 75152. That quickening pace came without a matching jump in price: price per square foot held near $195, essentially flat against the $197 trailing-year figure. Roughly 28 homes closed this quarter, keeping the read directional. Just over half of sales still included a seller concession, though the average concession eased from last month's elevated level to around $12,100, and sellers continued collecting about 98 cents on the dollar at closing.
Even as closings sped up, the forward pipeline in 75152 sent a mixed signal: pending contracts thinned to roughly six, down from about eight last month, while new listings ticked up to around 36 and active inventory grew to near 58. Months of supply eased to about six and a quarter, edging closer to Ellis County's roughly six-and-a-half-month benchmark than it has been in recent months. Whether the pace holds into fall may depend on pending contracts recovering to keep step with the fresher, larger pool of active listings.
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 Oct 1, 2026, 6:00 AM CDT · Editorial updated Sep 27, 2026, 3:31 PM CDT
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