Map of 75156

75156 Home Values

Median Sale Price
$231,405
Live Market Pulse
Active Listings
—
Pending
—
New This Week
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New This Month
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Median Asking
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75156 Market Snapshot

Median Sale Price
$231,405
▲ 7.0% YoY
Price per Sq Ft
$178
median $/sqft
Days on Market
75
list to contract
Sale-to-List
94.1%
of original asking
Strong Buyer's Market 20.8 months of supply
Seller's Buyer's
Active
707
listings
New
92
30 days
Closed
28
30 days
Pending
5
30 days
Supply
20.8
months
Absorption
2.7%
monthly
Over List
1.2%
sold above
Under List
47.6%
sold below
Concessions
27.6%
% of solds
Avg Concession
$8,522
seller paid

Source: NTREIS MLS • Excludes leases • Sep 2026

75156 Market Trends

Median Sale Price
24 months
$129K$185K$242K$298K$354KNov 2024Mar 2025Jul 2025Nov 2025Mar 2026Jul 2026Sep 2026

Lake Living Drives Every Deal Here

This zip code is all about Cedar Creek Lake and the communities orbiting it -- Gun Barrel City, Mabank, Eustace. The housing stock splits cleanly: you've got older lakefront cottages from the 70s and 80s sitting on the water, many remodeled with modern kitchens and new decks, and then a wave of new-construction three-bed ranches popping up in subdivisions just minutes from the shore. Gated golf-course communities like Pinnacle Club hold the high end, while manufactured homes on half-acre lots anchor the affordable side.

A thinner quarter of closings, 102 against 113 the quarter before, came with homes taking about 75 days to find a buyer, well beyond the two-month pace of late summer. Based on MLS data for October 2026 closings in 75156, price per square foot edged up to about $185 and median sale price jumped to roughly $260,000, though the gain coincided with heavier giveback: about one in three deals carried seller-paid concessions averaging near $8,700, up from roughly one in four. Half of sales closed below list and none above, with sellers receiving about 95 cents on the dollar. Pace, more than price, is the soft spot.

Pending contracts in 75156 slid to roughly 19, down from about 25 a month earlier, while active inventory held near 707 listings. That leaves months of supply near 21, the longest runway in this zip code's recent timeline and well past the 18 and a half noted in September. New listings eased to around 285 for the quarter, not enough to offset slowing contract formation. Time on market near 75 days reinforces the read that absorption is decelerating heading into winter.

Market Updates

A thinner quarter of closings, 102 against 113 the quarter before, came with homes taking about 75 days to find a buyer, well beyond the two-month pace of late summer. Based on MLS data for October 2026 closings in 75156, price per square foot edged up to about $185 and median sale price jumped to roughly $260,000, though the gain coincided with heavier giveback: about one in three deals carried seller-paid concessions averaging near $8,700, up from roughly one in four. Half of sales closed below list and none above, with sellers receiving about 95 cents on the dollar. Pace, more than price, is the soft spot.

Pending contracts in 75156 slid to roughly 19, down from about 25 a month earlier, while active inventory held near 707 listings. That leaves months of supply near 21, the longest runway in this zip code's recent timeline and well past the 18 and a half noted in September. New listings eased to around 285 for the quarter, not enough to offset slowing contract formation. Time on market near 75 days reinforces the read that absorption is decelerating heading into winter.

Giving up less ground at the closing table this quarter, sellers in 75156 saw the average concession shrink to roughly $6,200 from near $7,800 across the trailing year, even as the share of deals involving concessions held near one in four. Price per square foot climbed to about $181, extending the run of gains posted since spring, while median sale price advanced to roughly $242,000, based on MLS data for September 2026 closings in 75156. Not a single closed transaction finished above list, though sellers still received close to 94 cents on the dollar. With 113 closings this quarter, sample size supports a confident directional read.

The pipeline in 75156 offers a more complicated read on seller leverage than closed transactions suggest. Active inventory held flat near 706 listings, and months of supply eased only slightly to about 18 and a half, still far above balanced-market territory. Pending contracts remained thin at roughly 25, little changed from last month's already-reduced total, while new listings kept arriving at a pace similar to the past year's norm. Supply has not tightened enough yet to fully reinforce the leverage shift showing up in closed transactions this quarter.

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.

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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Oct 9, 2026, 11:28 PM CDT

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