75220 Home Values

Price per square foot in 75220 climbed to roughly $408 this quarter, its highest mark in recent months and a break from the flat $380-to-$385 range that held through spring and summer. Based on MLS data for 2026-08 closings in 75220, homes also sold markedly faster — about 41 days on market, down from the mid-50s recorded last month. The median sale price pulled back to roughly $1.3 million, reflecting a shift in the closing mix rather than a broad repricing. Sellers gave back less at the table too: concessions averaged near $34,000, down from over $40,000 last month, though roughly three in eight homes still closed below list on a moderate sample of about 72 transactions.

Months of supply in 75220 eased to roughly six months, closing in on Dallas County's own benchmark near six and a half — a narrower gap than earlier this year. Active listings held essentially flat near 153, but pending contracts thinned to just a dozen, continuing a decline that began last month. New listing activity also slowed slightly. Together the trend suggests the supply cushion that has favored buyers in 75220 is compressing, even as contract signings remain sluggish heading into fall.

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.