75173 Home Values
75173 Market Snapshot
| Active 277 listings | New 37 30 days | Closed 32 30 days | Pending 13 30 days | Supply 10.5 months | Absorption 8.7% monthly | Over List 4.5% sold above | Under List 57.8% sold below | Concessions 70.4% % of solds | Avg Concession $8,663 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75173 Market Trends
New Builds Are Flooding This Collin County Pocket
Straddling the Nevada and Josephine communities in southern Collin County, 75173 is where DFW's suburban edge meets open ranchland. The dominant feature right now is production new construction -- D.R. Horton's Waverly Estates alone has dozens of single-story and two-story plans on compact lots starting under 300K. Beyond the subdivisions, you'll find older ranch-style homes on full-acre parcels with no HOA, hobby farms with horse barns and acreage off FM 1778.
Homes in 75173 are taking longer to reach the closing table — the median days on market climbed to 68 in the latest quarter, up from 60 in the trailing annual period, a directional signal that deal pace is decelerating. Based on MLS data for June 2026 closings in 75173, price per square foot settled near $164, down from the twelve-month average, with the annual year-over-year reading still tracking roughly six percent below prior-year levels. Sellers continued to give back about six cents on the dollar at closing, and concessions remained common — appearing in roughly seven of ten transactions, though the average concession amount edged slightly lower. The limited sample suggests these trends are directional rather than definitive, but the velocity signals point consistently toward a slower-moving market.
The pipeline in 75173 reflects a market where new supply is arriving well ahead of demand. With roughly 157 new listings entering the quarter and only about 35 contracts pending against 260 active listings, absorption remains strained. Months of supply held near eleven — far above the Collin County benchmark of roughly six — and the pending-to-active ratio suggests near-term velocity is unlikely to recover without a meaningful pullback in new listing activity. DOM direction as a forward signal reinforces the same conclusion: homes are moving into contract more slowly than at any point in the trailing year.
Market Updates
Homes in 75173 are taking longer to reach the closing table — the median days on market climbed to 68 in the latest quarter, up from 60 in the trailing annual period, a directional signal that deal pace is decelerating. Based on MLS data for June 2026 closings in 75173, price per square foot settled near $164, down from the twelve-month average, with the annual year-over-year reading still tracking roughly six percent below prior-year levels. Sellers continued to give back about six cents on the dollar at closing, and concessions remained common — appearing in roughly seven of ten transactions, though the average concession amount edged slightly lower. The limited sample suggests these trends are directional rather than definitive, but the velocity signals point consistently toward a slower-moving market.
The pipeline in 75173 reflects a market where new supply is arriving well ahead of demand. With roughly 157 new listings entering the quarter and only about 35 contracts pending against 260 active listings, absorption remains strained. Months of supply held near eleven — far above the Collin County benchmark of roughly six — and the pending-to-active ratio suggests near-term velocity is unlikely to recover without a meaningful pullback in new listing activity. DOM direction as a forward signal reinforces the same conclusion: homes are moving into contract more slowly than at any point in the trailing year.
At roughly $163 per square foot, 75173 closed transactions settled significantly below the Collin County baseline, with values sliding more than six percent year-over-year. Sellers in this zip code gave back close to six cents on the dollar from list price, and concessions appeared in nearly seven of every ten closed deals — averaging just under $9,000 each. The majority of transactions settled below asking, with only a small fraction of buyers willing to bid over list. Based on MLS data for May 2026 closings in 75173, deal structure is clearly tilting toward buyer terms.
Inventory conditions in 75173 directionally suggest continued softness ahead. With over eleven months of supply — nearly double the Collin County absorption rate — and far fewer pending contracts than active listings, the pipeline ratio points toward limited near-term demand. New listings continue entering the market at a steady clip, adding to a stack that is accumulating faster than it is clearing. Homes are spending longer on market before going under contract, reinforcing a pattern that current forward-looking data shows no sign of reversing.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 14, 2026, 3:08 AM CDT
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