75154 Home Values

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.

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.