75220 Home Values

Homes in 75220 took noticeably longer to sell this quarter, with days on market climbing to roughly 54 -- about two weeks longer than June and now more than double Dallas County's typical 26-day pace. Based on MLS data for 2026-07 closings in 75220, price per square foot held steady near $380, little changed from recent months, while the median sale price landed near $1.44 million on a modest sample of roughly 60 transactions. Sellers gave up more ground at the table: nearly four in ten homes sold below list, up from about three in ten in June, with concessions averaging around $41,000. The limited sample directionally points toward easing urgency among sellers.

The pipeline data reinforces that slowdown. Pending contracts in 75220 fell to just 18, roughly half last month's count, even as new listings kept arriving at nearly seven times that pace. Active inventory held near 161, keeping months of supply around eight -- still well above Dallas County's roughly six months. The widening gap between new supply and signed contracts suggests the recent stretch in time-to-sale is more than a one-month blip heading into fall.

The negotiation gap between list and final sale prices narrowed in 75220 this quarter, but the terms beneath the headline tell a different story. Based on MLS data for 2026-06 closings in 75220, not a single transaction closed above asking — reversing the occasional over-list sales seen in the trailing year — while roughly three in ten homes sold below list price. Sellers received close to 98 cents on the dollar at closing, and homes spent about 40 days on market before transferring. Price per square foot held near $385, consistent with last month but still well above the Dallas County benchmark. The limited sample of roughly 56 closings points directionally toward buyers holding meaningful negotiating leverage.

The supply picture in 75220 continues to tilt toward buyers heading into late summer. Active listings held at about 169 while pending contracts numbered only 33 — a ratio that keeps months of supply near nine, well above the county's roughly six months and firmly in buyer-favorable territory. New listing additions outpaced new pending contracts by roughly four to one over the quarter, widening the gap between available homes and buyer demand. Until pending volume accelerates, the supply-demand imbalance is unlikely to shift meaningfully.

Price per square foot in 75220 held near $380 in the most recent quarter, roughly 86% above the Dallas County benchmark of $204 — a gap that underscores the zip's distinct upper-tier positioning. Based on MLS data for 2026-05 closings in 75220, sellers writing concession checks averaged nearly $49,000, up sharply from about $18,500 over the trailing year, even as the list-to-sale ratio stayed close to full price. No closings came in above asking, and roughly three in ten sold below list — directionally, the data suggests that while sellers are holding the headline number, they are giving significant ground in the fine print.

With about 151 active listings and only 30 pending contracts, the absorption picture in 75220 remains lopsided heading into summer. Months of supply sits near 9.4 — well into buyer-favorable territory and above the county's 7.1 — while new listing activity continues to feed the pipeline at a pace that pending volume has not matched. The wide gap between supply and under-contract count suggests near-term conditions remain tilted toward buyers with room to negotiate terms.