75216 Home Values

Homes that closed in 75216 sold about a week faster than the trailing twelve-month pace, based on MLS data for 2026-09 closings in 75216. Just over 100 closings back the shift, enough volume to read it as a genuine change in tempo rather than noise. Quicker sales did not come with a discount: price per square foot stayed near $173, essentially flat against the annual figure. Half of deals still carried a seller concession averaging roughly $7,500, and sellers collected about ninety-seven cents on the dollar, a slightly firmer ratio than last quarter.

Pending contracts in 75216 remain thin against the pipeline: roughly eleven homes sit on the market for every one under contract, even as new listings keep arriving at about 200 over the quarter. Months of supply held near seven and a half, well above the four-month line that typically separates buyer and seller markets. Faster closings on earlier contracts have not yet translated into a deeper contract pipeline, which suggests the quicker pace reflects a smaller pool of committed buyers rather than broadening demand heading into the fourth quarter.

Price per square foot in 75216 closed the quarter at $176 — nearly $30 below the Dallas County median of $204, a gap that has persisted through the trailing twelve months, based on MLS data for 2026-08 closings in 75216. The zip's median sale price, near $233K, ran more than a third below the county's roughly $380K benchmark. More than 100 homes closed this quarter, and completed sales took about a week and a half longer to sell than the county overall. Just over half of transactions carried a seller concession, a few points above the county's broader rate, while sellers collected roughly ninety-six cents on the dollar at closing, in line with the county figure.

Months of supply in 75216 held near seven and a half — about a fifth higher than Dallas County's overall level near six and a half — sustaining a wider supply cushion than the county carries as a whole. New listing activity kept pace with pending contracts, with active listings continuing to outnumber homes under contract by a wider margin locally than countywide. The gap suggests near-term absorption in this zip lags the broader county pipeline, keeping buyers here in a comparatively unhurried negotiating position heading into fall.

More than 100 homes changed hands in 75216 over the trailing quarter, a pace consistent with recent quarters, based on MLS data for 2026-07 closings in 75216. Days on market for completed sales held at 41, unchanged from the trailing twelve-month average — a signal the closing pipeline hasn't lost momentum even as sellers gave a bit more ground: just over half of transactions carried a concession, and nearly half closed below original list price. Sellers still collected roughly ninety-six cents on every listed dollar, a ratio that has held steady since spring, while price per square foot ran near $173, essentially flat against the twelve-month figure.

Pending contracts in 75216 fell nearly half from the prior quarter even as active listings held near 258 and new listings kept pace, pushing the ratio of homes for sale to homes under contract past six-to-one — well above the roughly three-and-a-half-to-one split seen last quarter. Months of supply ticked up to about seven and a half, keeping the broader supply cushion intact. The pullback in pending activity suggests the pace of contract-signing has slowed even as sellers keep bringing new inventory to market.