75154 Home Values
75154 Market Snapshot
| Active 376 listings | New 103 30 days | Closed 63 30 days | Pending 9 30 days | Supply 6.1 months | Absorption 11.4% monthly | Over List 2.3% sold above | Under List 53.9% sold below | Concessions 67.9% % of solds | Avg Concession $12,385 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75154 Market Trends
Builder Boom Meets Established Neighborhoods in Red Oak
This zip pulls together three distinct pockets -- Red Oak's expanding master-planned communities, Glenn Heights' established subdivisions, and the wooded estate lots along the Ovilla corridor. The new-build side is dominated by Bloomfield, First Texas, Brightland, and Altura putting up one- and two-story plans from the low $400s into the $800s in neighborhoods like Broadmoor Estates and The Villages at Charleston. Resale inventory clusters in Heritage Lakes, Fox Hollow, Magnolia Farms, and Meadow Springs.
Homes in 75154 are moving off the market faster than they were earlier in the year — median days to contract fell to 54 in the most recent quarter, down from 58 days in the prior period, based on MLS data for 2026-06 closings in 75154. The acceleration comes against a backdrop of roughly flat pricing: price per square foot held near $175, and median sale prices settled around $385,000. With nearly 190 closings in the quarter, the velocity signal carries weight. Sellers continued to grant concessions on about seven in ten transactions, averaging just under $12,500, while the list-price-received rate edged to nearly 97 cents on the dollar.
New listing activity in 75154 continues to outpace pending contracts — roughly 300 new listings entered the market over the quarter against fewer than 100 active pending agreements, keeping months of supply near five and a half. That pace positions 75154 modestly tighter than Ellis County overall, where supply has stretched closer to six months. The faster close times visible in completed sales have not yet translated into a thinning pipeline; fresh supply is absorbing the velocity gains, leaving conditions broadly balanced heading into the back half of 2026.
Market Updates
Homes in 75154 are moving off the market faster than they were earlier in the year — median days to contract fell to 54 in the most recent quarter, down from 58 days in the prior period, based on MLS data for 2026-06 closings in 75154. The acceleration comes against a backdrop of roughly flat pricing: price per square foot held near $175, and median sale prices settled around $385,000. With nearly 190 closings in the quarter, the velocity signal carries weight. Sellers continued to grant concessions on about seven in ten transactions, averaging just under $12,500, while the list-price-received rate edged to nearly 97 cents on the dollar.
New listing activity in 75154 continues to outpace pending contracts — roughly 300 new listings entered the market over the quarter against fewer than 100 active pending agreements, keeping months of supply near five and a half. That pace positions 75154 modestly tighter than Ellis County overall, where supply has stretched closer to six months. The faster close times visible in completed sales have not yet translated into a thinning pipeline; fresh supply is absorbing the velocity gains, leaving conditions broadly balanced heading into the back half of 2026.
The negotiation gap in 75154 narrowed in recent months, based on MLS data for 2026-05 closings in 75154. Price per square foot held near $176, roughly flat against the trailing-year average, while median sale prices settled around $380,000. What shifted was buyer extraction at the table: nearly half of closings in the latest quarter came in at or above list — a meaningful tightening from the 55% under-list rate recorded over the prior twelve months. Sellers continued to offer concessions on roughly seven in ten transactions, averaging just under $13,000, but the list-price-received rate edged slightly higher. Homes averaged 58 days to close.
With about 309 active listings and 5.6 months of supply, 75154 sits in buyer-favorable territory — though the pipeline tells a more nuanced story. Pending contracts in the current quarter represent a thinner share of recent closed volume than the Ellis County average, where supply has stretched to nearly eight months. New listing activity in 75154 has been steady, but the pending count trails the pace of fresh supply, suggesting near-term absorption may soften before it tightens. Buyer leverage remains present but is less pronounced than the annual data implied.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 28, 2026, 3:07 AM CDT
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