75154 Home Values

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.

Just under five months of supply puts this market in that awkward middle ground -- not quite a seller's market, but not the free-for-all buyers enjoyed a year ago. Over 600 closings signals genuine demand, and the builders clearly agree, flooding the zone with never-lived-in inventory and dangling closing cost credits and quick-move-in packages.

Resale sellers need to acknowledge the builder competition head-on. If your home is priced within striking distance of new construction, you'd better offer something builders can't -- a mature yard, a pool, a bigger lot, or a location closer to schools. Stage aggressively and price just under the nearest new-build comp.