75216 Home Values

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.

Nearly half of all closings in 75216 recorded a seller concession in the latest quarter — averaging roughly $7,400 per transaction — and nearly as many sales settled below original list price, based on MLS data for 2026-06 closings in 75216. At the closing table, sellers gave back about three and a half cents on the dollar, a ratio consistent with the prior quarter. Price per square foot for completed sales held near $176, with a median close near $249K. The trailing twelve months show prices running about four percent below the prior year, reinforcing the buyer-favorable tilt that has characterized this zip code.

Active listings in 75216 climbed to around 250 units while pending contracts edged up to roughly 70, producing a ratio of more than three available properties for every home under agreement — a wider gap than Dallas County's overall pipeline. New listing activity accelerated modestly over the quarter, adding to a supply cushion that has kept buyers in a measured negotiating position. Months of supply remains near seven, sustaining conditions where competitive pressure on buyers stays limited heading into the second half of the year.

Price per square foot in 75216 runs roughly $27 below the Dallas County median — a gap that has persisted through the trailing twelve months and widened slightly in the most recent quarter, based on MLS data for 2026-05 closings in 75216. Homes here closed at a median near $250K, roughly a third below the county benchmark, while sellers gave back about three and a half cents on the dollar at closing. Nearly half of all transactions involved a seller concession, consistent with broader Dallas County patterns. Days on market for closed sales ran about two days longer than the county average, reflecting modest but measurable friction.

The supply picture in 75216 sits at roughly seven months — in line with Dallas County's overall level — but the ratio of active listings to pending contracts points to softer near-term absorption. With 228 active listings against 66 pending contracts, the pipeline suggests buyers face limited competitive pressure heading into summer. New listing activity over the quarter totaled 173 units, outpacing the pending count by a wide margin and sustaining the supply overhang that has characterized this zip code's market.