75204 Home Values

A steady batch of closings — just over 100 sales — kept 75204 pricing in a different tier than the rest of Dallas County this cycle, based on MLS data for 2026-09 closings in 75204. Price per square foot held near $320, roughly six in ten dollars above the county's typical $200 mark, while the median sale near $555K sat close to $185K above the county figure — a gap that has persisted through several reporting periods. Sellers still received close to 97 cents on the dollar, matching the county average almost exactly, but concession activity in the zip eased to roughly one in four deals, a third straight month of pullback and well under Dallas County's rate near half.

The pipeline underneath 75204's price premium tells a mixed story against the county backdrop. Months of supply near eight continues to run higher than Dallas County's roughly seven-month pace, a gap that has held since last quarter. Pending contracts fell to just 22 against 261 active listings, a thin pending-to-active ratio that lags the county's broader absorption. New listing activity slowed as well, arriving at a pace well below the elevated volume logged earlier this year. Closing timelines lengthened modestly from last month, a velocity signal that complicates the case for near-term acceleration.

Closing timelines in 75204 kept contracting this quarter, continuing a pullback flagged in last month's data. A median 35 days on market marks a further step down from the 41-day pace reported two reporting periods back, based on MLS data for 2026-08 closings in 75204. Price per square foot held essentially flat near $322, keeping the zip's valuation premium intact. Sellers received close to 97 cents on the dollar, and none of the quarter's 103 closings settled above list. Concession activity eased to roughly three in ten deals, down from about a third last quarter, though the average assistance offered — near $6,400 — edged higher. Values held essentially flat against the trailing-year pace.

Active inventory in 75204 eased to 256 listings this quarter, and months of supply slipped toward seven and a half — down from the low-9 range logged over the trailing year. The retreat in available supply comes alongside a second straight month of contracting pending contracts, now down to roughly 19 and well off the already-thinned count reported last month. New listing activity held closer to 180 as well, keeping fresh inventory arriving at a pace largely unchanged even as the pool of homes moving under contract kept shrinking.

While Dallas County's median closing price per square foot held near $205 this quarter, 75204 continued to price in a different tier altogether — roughly 57% higher, based on MLS data for 2026-07 closings in 75204. The zip's median sale price of about $535K sits some $155K above the county figure, a gap that has held for a third straight reporting period. Sellers here received close to 97 cents on the dollar, essentially matching the county average, though concessions appeared in only about a third of deals — well under Dallas County's nearly half — with assistance averaging roughly $6,100 where it was offered. Values remain down about 5% year over year.

The pipeline signal to watch in 75204 this quarter is pending contracts, which slid to roughly 30 — nearly half of last month's count — even as active listings held near 290 and new listings kept arriving at more than six times that pace. Months of supply near 8.4 remains well above Dallas County's roughly six-month pace, reinforcing that absorption here continues to lag the broader market. Closing timelines have also quickened relative to the trailing-year average, a velocity signal that cuts against the softening implied by the widening supply gap.