75161 Home Values

Selling times in 75161 compressed sharply this quarter, with homes moving in roughly 49 days at closing, cutting nearly a third off the trailing annual pace, based on MLS data for 2026-08 closings in 75161. The faster pace came alongside a pullback in price: median price per square foot eased to around $195, down from roughly $213 last month, while median sale price settled near $336,000, well off the annual median. Sellers still collected close to 97 cents on the listed dollar, and fewer than half of transactions carried concessions, a lighter share than the trailing year's rate. With only 27 closings, the reading stays directional, but it marks a break from a spring pattern of persistently long market times.

The pipeline in 75161 complicates that read on speed: pending contracts fell to just a handful this period, down sharply from the roughly 70 in place across the trailing year, even as active listings held steady near their recent level. New listings kept arriving at a comparable pace to the annual average, keeping months of supply just below ten — still well above Kaufman County's benchmark. With so few contracts currently moving toward closing, the recent acceleration in selling times may reflect a thinning batch of transactions rather than a durable pickup in buyer activity.

Price per square foot in 75161 climbed to roughly $213 at closing this quarter, nearly $55 above the Kaufman County median, even as the median sale price pulled back from the trailing annual figure, based on MLS data for 2026-07 closings in 75161. That divergence points to a shift in the mix of homes changing hands rather than a genuine retreat in value: the zip code's price per square foot has held a premium over the county for three straight months, and prices here remain up nearly 15 percent year over year. With only 27 closings this quarter, the reading is directional, but sellers continued collecting close to 98 cents on the listed dollar, little changed from recent months.

Pending contracts in 75161 thinned sharply this period even as active listings held near their recent level, a divergence that complicates the case for the zip code's price-per-square-foot premium holding through the fall. New listings kept arriving at a pace of roughly sixteen a month, keeping months of supply above nine and still comfortably past the threshold that favors buyers. Selling times, already elevated, showed no sign of compressing. With so few contracts moving relative to what's active and what's arriving, the pipeline suggests recent price strength rests on a thinning base of transactions rather than accelerating demand.

The negotiation gap in 75161 stretched wider this quarter as homes took over three months to sell — roughly 30 percent slower than the trailing annual median — based on MLS data for 2026-06 closings in 75161. Despite that extended market time, sellers are landing close to asking, giving back less than three cents on the dollar. The concession rate pulled back from its annual pace, with fewer than half of recent transactions carrying seller-paid concessions, down from more than half over the prior twelve months. Average concession amounts came in well below the annual average, suggesting sellers are holding firmer on terms even as properties sit longer. Price per square foot at closing remains well above the Kaufman County average.

The pipeline in 75161 signals continued softness in near-term absorption. With roughly 80 active listings and only about 18 pending contracts, the pending-to-active ratio sits near one-in-four — well below the pace needed to move through current supply at historical velocity. New listing activity continues to outpace contract signings by a wide margin, keeping months of supply near eight. The DOM trend — already elevated at close — suggests the queue of homes waiting for buyers is not shortening heading into the second half of 2026.