75173 Home Values

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.

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.