75165 Home Values
75165 Market Snapshot
| Active 588 listings | New 150 30 days | Closed 82 30 days | Pending 11 30 days | Supply 6.6 months | Absorption 5.8% monthly | Over List 3.7% sold above | Under List 51.1% sold below | Concessions 62.4% % of solds | Avg Concession $10,775 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
75165 Market Trends
Waxahachie Builders Betting Big on New Rooftops
75165 is anchored by Waxahachie, the Ellis County seat, and stretches from the historic downtown core out to newer master-planned communities ringing the city. Production builders like Trophy Signature, Highland, Bloomfield, and Chesmar are delivering volume in subdivisions such as Saddlebrook Estates and Dove Hollow. Closer to the courthouse square, you'll find turn-of-the-century homes with original hardwood floors and deep porches.
Homes in 75165 closed roughly nine days faster than the Ellis County norm, a divergence that defines the zip's latest quarter, based on MLS data for 2026-09 closings in 75165. Concessions remain a fixture of local closings: about six in ten carried them, averaging near $10,400, a lighter share than the roughly two-thirds seen countywide. Price per square foot held near $180, a few dollars under the county median, while the median sale price rose to around $413K, still a few percent below the county figure. Sellers recovered close to 97 cents on the dollar, effectively matching the county benchmark.
Pipeline signals in 75165 run tighter than the Ellis County backdrop, with available supply of about six months sitting below the county's roughly seven. New listings outpaced pending contracts by roughly twelve to one this quarter, narrowing from last month's gap of more than fifteen to one as contracts caught up with fresh supply. Active inventory held near 550 homes, and the county's ratio of roughly ten to one suggests the zip is converging toward, not diverging from, regional pipeline conditions.
Market Updates
Homes in 75165 closed roughly nine days faster than the Ellis County norm, a divergence that defines the zip's latest quarter, based on MLS data for 2026-09 closings in 75165. Concessions remain a fixture of local closings: about six in ten carried them, averaging near $10,400, a lighter share than the roughly two-thirds seen countywide. Price per square foot held near $180, a few dollars under the county median, while the median sale price rose to around $413K, still a few percent below the county figure. Sellers recovered close to 97 cents on the dollar, effectively matching the county benchmark.
Pipeline signals in 75165 run tighter than the Ellis County backdrop, with available supply of about six months sitting below the county's roughly seven. New listings outpaced pending contracts by roughly twelve to one this quarter, narrowing from last month's gap of more than fifteen to one as contracts caught up with fresh supply. Active inventory held near 550 homes, and the county's ratio of roughly ten to one suggests the zip is converging toward, not diverging from, regional pipeline conditions.
For the second consecutive month, time to close in 75165 compressed further, with the typical closed sale reaching settlement in about 35 days, down from roughly 46 days over the trailing year, based on MLS data for 2026-08 closings in 75165. Closings also picked up in volume, with 272 transactions in the quarter running well ahead of the roughly 238 average implied by the trailing twelve months. Price per square foot held near flat around $180, and the median sale price sat around $389K, both essentially unchanged from the annual baseline. Sellers recovered close to 98 cents on the dollar at closing, a slight improvement over the trailing year, while roughly six in ten transactions included concessions averaging near $10,600.
New listings in 75165 outpaced pending contracts by more than fifteen to one this quarter, a sharp acceleration from last month's roughly six-to-one gap. Active inventory held steady near 540 homes even as available supply eased to about six months, still short of the four-month mark that would tip negotiating leverage toward buyers. With contracts moving quickly to close but fewer homes entering pending status behind them, the pipeline signals a market absorbing existing supply faster than it is replenishing a forward book of business.
Closings in 75165 picked up pace this quarter, based on MLS data for 2026-07 closings in 75165: 283 transactions closed against a trailing twelve-month average of roughly 235 per quarter, while the typical time to close compressed to about 39 days from 45 over the same longer window. Price per square foot held essentially flat near $181, and the median sale price settled around $380K, both a shade below the twelve-month baseline. Sellers continued to give ground at the table — nearly two-thirds of closings carried concessions averaging near $11,400, and sellers recovered close to 97 cents on the dollar, with just under half of sales settling below asking.
The gap between new supply and pending activity in 75165 widened again this quarter: new listings outpaced pending contracts by more than six to one, up from roughly three to one just a month earlier. Active inventory held steady near 540 homes even as available supply eased slightly to about five and a half months, still short of the four-month mark that would tip leverage decisively toward buyers. With pending contracts thinning against a steady flow of new listings, the near-term signal points toward continued buyer selection time rather than a tightening market.
Buyers in 75165 extracted meaningful concessions at the closing table in the most recent quarter, based on MLS data for 2026-06 closings in 75165. Nearly seven in ten completed transactions included seller concessions — up from roughly six in ten over the prior year — with the average concession approaching $12,000. More than half of all sales settled below asking, and sellers recovered about 96 cents on the dollar, a slight retreat from the trailing annual figure. Price per square foot edged down from the twelve-month average, settling near $181, while the median sale price held around $390K. Homes that did close took about 52 days to reach settlement.
New listing activity in 75165 has outpaced pending contract volume at a widening margin, with fresh supply running nearly three times the pace of executed contracts in the pipeline. At roughly five and a half months of available supply, conditions have not yet crossed the threshold that formally shifts negotiating power to buyers, but the direction is clear. Active inventory has remained stable while pending volume contracted, a combination that gives buyers in 75165 more selection time and less urgency heading into the second half of the year.
While Ellis County homes took roughly two months to close on average, completed sales in 75165 moved noticeably faster — a divergence that stands out in MLS data for 2026-05 closings in 75165. Price per square foot landed at roughly $183, on par with the county median, but the median sale price came in near $396K — about 5% below the broader Ellis County figure. Sellers in the zip code yielded slightly more at the table, with nearly seven in ten transactions carrying concessions averaging around $12,000, compared to just under two-thirds county-wide. List-price recovery was effectively identical to the county benchmark, with sellers recouping about 96 cents on the dollar at closing.
The supply picture in 75165 diverges meaningfully from the Ellis County baseline: months of supply in the zip ran nearly two full months tighter than the county's figure of roughly eight months, signaling relatively stronger absorption. Active listings in 75165 represent a concentrated slice of the county's broader inventory pool, while the pending-to-active ratio points toward continued movement. New listing volume tracked at a pace consistent with that absorption rate, leaving little indication of a near-term supply surge that would shift conditions toward buyers.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Sep 29, 2026, 3:28 AM CDT
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