75156 Home Values

For a third consecutive month, valuation swings in 75156 have registered as significant, and this time the shift arrived alongside a faster contract pace. Price per square foot climbed to nearly $200 in the trailing quarter, with median sale prices following to roughly $239,000, based on MLS data for July 2026 closings in 75156. Homes are also closing faster, averaging 58 days from list to contract, down from the low-70s pace that held for much of the past year. Sellers gave up less ground at the table too, receiving close to 95 cents on the dollar compared with roughly 92 cents earlier this year, even as concession activity held near one in four deals.

The forward-looking data in 75156 tells a more hesitant story than the quickened closing pace suggests. Pending contracts fell to roughly 56 against 669 active listings, pulling the pending-to-active ratio down to about 8% from near 12% last month — one of the thinner absorption signals this zip code has posted in recent memory. New listings also eased slightly, and months of supply held near sixteen and a half, still far above balanced-market levels. The pipeline has not yet caught up with the acceleration showing up in closed transactions.

After several months of softening valuations, price per square foot in 75156 moved sharply higher in the trailing quarter — reaching roughly $183, up from the $158 range recorded in the prior period. Based on MLS data for June 2026 closings in 75156, that rebound represents the most significant single-period valuation shift this zip code has registered in recent history. Median sale prices landed near $209,000. Sellers still gave back nearly six cents on the dollar at closing on average, and roughly one in four transactions included seller-paid concessions — but the underlying price signal reversed course more forcefully than broader market conditions would have predicted.

The pipeline in 75156 tells a more measured story than the closed-sale data. With roughly 654 active listings against just 81 pending contracts, the pending-to-active ratio remains thin — near 12%. Months of supply eased slightly to about 16 and a half from above 18 in the prior period, a directional improvement but still well above balanced-market norms. New listings continued entering the market at a pace of roughly 370 per quarter. The gap between supply and active buyer demand remains wide, suggesting the price recovery in closed sales has not yet been matched by a shift in absorption momentum.

Homes in 75156 closed at roughly $158 per square foot in recent months, a step down from the $168 per square foot recorded across the trailing year, indicating that valuations in this lake-area market have continued to soften into 2026. Based on MLS data for May 2026 closings in 75156, sellers received about 92 cents on the dollar on average — a gap that showed up across nearly half of all closed transactions. Roughly one in four closings included seller-paid concessions averaging close to $7,800. Closed sales took an average of 72 days from list to contract, with more than four in ten deals finalizing below the original asking price.

With 18.3 months of supply and 630 homes currently active, 75156 carries one of the most extended inventory profiles in the region. The pending-to-active ratio sits at roughly 14%, pointing to sluggish near-term absorption. New listings continued flowing in — 370 came to market in the trailing period — while only 87 sales are currently under contract. The combination of slow contract formation and extended time on market signals that demand has not yet caught up with available supply in this zip code.