75166 Home Values
75166 Market Snapshot
| Active 325 listings | New 75 30 days | Closed 58 30 days | Pending 6 30 days | Supply 5 months | Absorption 16.3% monthly | Over List 6% sold above | Under List 68.5% sold below | Concessions 87.1% % of solds | Avg Concession $12,115 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75166 Market Trends
New Builds Keep Pouring Into Lavon
Drive through 75166 and you'll see it happening in real time -- fresh-framed two-stories going up on every other lot. Trophy Signature, Bloomfield, Drees, and a handful of other production builders have turned the Lavon and Nevada corridor into one of Collin County's most active new-construction zones. The stock skews heavily toward four- and five-bedroom plans on compact lots in master-planned communities like Elevon, Grand Heritage, and Trails of Lavon.
While Collin County sellers gave ground on roughly six in ten transactions this quarter, 75166 recorded concessions on nearly nine in ten — a gap that underscores how differently this market is trading relative to its county backdrop. Price per square foot in 75166 came in about seventeen percent below the county benchmark, with closed values settling near $167 per square foot, based on MLS data for 2026-06 closings in 75166. Median values have declined roughly eight percent year over year, and nearly two-thirds of transactions settled below asking price — a pattern that confirms sellers here are absorbing more pressure than the county-wide data suggests.
The supply gap in 75166 tells a nuanced story compared to Collin County's broader softening: while the county is carrying about six months of supply, 75166 is running closer to five — a tighter read that would normally signal seller strength. Yet active listings are running nearly three times the pending count, suggesting absorption remains deliberate rather than competitive. New listing flow held steady, continuing to add optionality to the buyer pool without triggering the kind of pending surge that would signal a shift.
Market Updates
While Collin County sellers gave ground on roughly six in ten transactions this quarter, 75166 recorded concessions on nearly nine in ten — a gap that underscores how differently this market is trading relative to its county backdrop. Price per square foot in 75166 came in about seventeen percent below the county benchmark, with closed values settling near $167 per square foot, based on MLS data for 2026-06 closings in 75166. Median values have declined roughly eight percent year over year, and nearly two-thirds of transactions settled below asking price — a pattern that confirms sellers here are absorbing more pressure than the county-wide data suggests.
The supply gap in 75166 tells a nuanced story compared to Collin County's broader softening: while the county is carrying about six months of supply, 75166 is running closer to five — a tighter read that would normally signal seller strength. Yet active listings are running nearly three times the pending count, suggesting absorption remains deliberate rather than competitive. New listing flow held steady, continuing to add optionality to the buyer pool without triggering the kind of pending surge that would signal a shift.
Price per square foot in 75166 held at roughly $167 through the latest quarter — unchanged from the trailing year — but that stability sits atop a market that has surrendered nearly eight cents on the dollar in median value over the past twelve months, based on MLS data for 2026-05 closings in 75166. Sellers conceded at the negotiating table on more than nine in ten transactions this quarter, with buyers walking away from the typical deal having received modest relief. Homes spent about 72 days from list to close, and nearly seven in ten transactions settled below asking price, confirming that buyers carry meaningful leverage at the contract stage.
The supply picture in 75166 leans toward equilibrium on paper — roughly five months of inventory — but the gap between active listings and pending contracts tells a more cautious story. With pending activity representing only about a third of the active count, absorption is measured rather than brisk. New listing flow continued at a pace that maintains buyer optionality heading into summer, and the pipeline does not yet show the kind of pending surge that would signal a rapid shift in conditions.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 28, 2026, 3:07 PM CDT
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