75154 Home Values

A widening gap between how often sellers granted concessions and how much they conceded emerged in 75154's closed sales this quarter, based on MLS data for 2026-09 closings in 75154. Nearly eight in ten transactions included some form of seller concession, up from about seven in ten across the trailing year, yet the average payout eased to just over $11,100, smaller than the twelve-month norm. Meanwhile the list-price-received rate ticked up to roughly 97 cents on the dollar, and days to close held near 45. Price per square foot edged higher to around $179, with roughly 165 closings anchoring the read, continuing a run of essentially flat valuations.

Months of supply in 75154 stretched to roughly seven and a half, extending the climb from six months last quarter and moving further past the threshold that typically favors buyers. Active inventory held near 410 listings, essentially flat, but pending contracts stayed thin at just over twenty, a fraction of the nearly 300 new listings entering the market. With fresh supply continuing to outrun contracts turning pending, the pipeline points toward buyers gaining room even before it shows up in closed-sale prices.

Days to close in 75154 ticked back up this quarter, based on MLS data for 2026-08 closings in 75154 — a reversal after three straight months of faster turnarounds that had pulled median time to contract down to 38 days in July. The current read puts days to close near 43, still well below the trailing-year median but no longer accelerating. Sellers granted concessions on roughly three in four closings, a larger share than the rate recorded across the trailing year, even as the average concession size eased to just over $11,000. Price per square foot held near $177, largely unchanged, on close to 190 closings.

The pipeline in 75154 offers some confirmation of the slower pace showing up in closed sales. Active inventory extended its climb to 385 listings, continuing a buildup that has run since spring, while pending contracts remained thin at just over two dozen — a far smaller pool than the roughly 280 new listings that entered the market over the same stretch. Months of supply held near six, keeping 75154 in line with Ellis County's own six-plus-month reading. With new supply still outrunning contract activity, near-term absorption looks unlikely to reaccelerate soon.

Buyers who closed on homes in 75154 this summer captured less room at the negotiating table than earlier in the year, based on MLS data for 2026-07 closings in 75154. Just under half of transactions closed below list, a smaller share than the elevated levels recorded earlier this year, even as sellers still granted concessions on nearly seven in ten sales, averaging just over $12,000. Days to close fell to 38, extending a decline that ran from 58 days in the spring to 54 last month. Price per square foot held near $179, little changed from the trailing-year figure, with roughly 185 closings anchoring the read.

Active inventory in 75154 has kept climbing, reaching 376 listings, up from roughly 309 in the spring, while months of supply grew to about six, a step up from the mid-five range earlier this summer. That build should widen room for buyers, but pending contracts thinned sharply and new listings eased slightly, suggesting fresh supply is not yet converting into signed contracts. Against Ellis County's own six-plus months of supply, 75154 remains only marginally tighter, leaving buyer leverage present but not decisively expanding.