75206 Home Values
75206 Market Snapshot
| Active 329 listings | New 91 30 days | Closed 51 30 days | Pending 9 30 days | Supply 6.6 months | Absorption 14.3% monthly | Over List 0.2% sold above | Under List 35.7% sold below | Concessions 30.9% % of solds | Avg Concession $10,010 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75206 Market Trends
Lakewood-M Streets Stays Competitive Despite Cooling
This zip code reads like a greatest-hits tour of East Dallas neighborhoods. You've got the tree-tunneled blocks of the M Streets with their original Tudors and craftsmen feeding Mockingbird Elementary, the walkable townhome clusters along Knox-Henderson packed with rooftop decks, and the Lower Greenville corridor where renovated bungalows sit shoulder-to-shoulder with new-build duplexes pushing past a million. The housing stock spans nearly a full century.
While price per square foot in 75206 held steady near $370, the concession story shifted sharply in the most recent quarter. The average seller concession on deals that included one rose to roughly $14,000 — up nearly half from the trailing twelve-month figure of under $10,000 — even as the share of transactions closing with concessions held around one in three. Sellers captured close to 98.5 cents on the dollar at closing, and fewer than three in ten deals closed below list. Based on MLS data for June 2026 closings in 75206, the typical home reached contract in under three weeks, the fastest pace in over a year.
Active listings in 75206 remain near 310 homes, but the pending contract count has contracted sharply relative to the broader twelve-month baseline, suggesting a near-term absorption slowdown rather than a supply surge. Months of supply has retreated from the elevated levels noted earlier this year, now sitting below seven — meaningfully tighter than the peak but still above the four-month threshold that typically marks seller-dominant conditions. New listing volume of roughly 290 homes over the quarter continues to outpace pending activity, keeping moderate supply pressure intact.
Market Updates
While price per square foot in 75206 held steady near $370, the concession story shifted sharply in the most recent quarter. The average seller concession on deals that included one rose to roughly $14,000 — up nearly half from the trailing twelve-month figure of under $10,000 — even as the share of transactions closing with concessions held around one in three. Sellers captured close to 98.5 cents on the dollar at closing, and fewer than three in ten deals closed below list. Based on MLS data for June 2026 closings in 75206, the typical home reached contract in under three weeks, the fastest pace in over a year.
Active listings in 75206 remain near 310 homes, but the pending contract count has contracted sharply relative to the broader twelve-month baseline, suggesting a near-term absorption slowdown rather than a supply surge. Months of supply has retreated from the elevated levels noted earlier this year, now sitting below seven — meaningfully tighter than the peak but still above the four-month threshold that typically marks seller-dominant conditions. New listing volume of roughly 290 homes over the quarter continues to outpace pending activity, keeping moderate supply pressure intact.
Per-square-foot values in 75206 have tracked well above county norms, with April 2026 closings printing near $375 per square foot — roughly 80 percent above the broader Dallas County figure for the same period. Year-over-year appreciation approached 10 percent, with the median closed sale near $765,000. Seller pricing power held firm: transactions closed at nearly 98 cents on the dollar on average, and roughly one in three deals included a seller concession — a notably lower share than the county at large. Based on MLS data for April 2026 closings in 75206, homes that reached contract moved in just over three weeks.
Supply in 75206 has climbed above eight months — a level that characterizes buyer-leaning market conditions — while the ratio of pending contracts to active listings points to softer near-term absorption. New listing volume has kept pace with seasonal patterns, sustaining the elevated supply position rather than relieving it. Homes that do reach contract are clearing at a faster pace than the county average, pointing to selective but decisive demand for listings that meet the market. The forward pipeline signals continued supply-side pressure.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 13, 2026, 11:08 PM CDT
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