75227 Home Values

Price per square foot in 75227 closed near $163 this quarter, nearly a fifth below Dallas County's $201 — a gap wider than the one reported in July, based on MLS data for 2026-09 closings in 75227. Homes here needed about five and a half weeks to close against the county's month-long pace, and sellers received roughly ninety-six cents on the dollar versus the county's nearly ninety-seven. Concessions appeared in close to half of sales, about on par with the county, and averaged just under $7,000, easing from last month's $8,000-plus. With 66 closings, a moderate sample, the discount looks directional rather than definitive.

Active listings in 75227 climbed to about 190, up from roughly 173 a month earlier, while pending contracts edged up to only eleven — leaving months of supply near eight and a half, well above Dallas County's roughly six and a half. New listings, about 130 over the quarter, kept outrunning contract activity. The county is loosening in the same direction but more slowly, which suggests absorption in 75227 remains the pressure point heading into the final quarter of the year.

Homes in 75227 took longer to close this quarter, with the median time to sale stretching to 41 days — a step up from the closer-to-a-month pace reported over the past several months, based on MLS data for 2026-08 closings in 75227. Price per square foot held essentially flat at $169, still running below where prices stood a year ago, with the trailing twelve months showing values down nearly four percent overall. Sellers received close to ninety-six cents on the dollar, and half of the quarter's 66 closings — a moderate sample — settled below the asking price, with concessions appearing in about half of transactions and averaging just over $8,000.

The pipeline in 75227 tightened on the demand side this quarter: pending contracts fell to just nine, down sharply from the roughly two dozen reported a month earlier, even as active listings held near 173 and new listings kept arriving at pace, with about 118 hitting the market. That combination pushed months of supply to nearly eight, further above Dallas County's roughly six and a half, pointing to absorption, not available supply, as the binding constraint heading into fall.

While Dallas County homes closed near $206 per square foot this quarter, 75227 settled well beneath that mark, at roughly $172 — a gap of about one-sixth, based on MLS data for 2026-07 closings in 75227. Homes here also spent about a month on market before closing, notably longer than the county's roughly twenty-six-day median. Sellers still received close to ninety-seven cents on the dollar, in line with the trailing-year norm, and essentially none closed above asking. The concession picture kept shifting — nearly six in ten sales included one, running larger than a month earlier near $8,100 on average — while the share settling below list crept toward nearly half, wider than the county's roughly one-in-two rate.

75227's pipeline still runs looser than the county's: active listings hold near 171 against just 26 pending contracts, a ratio that keeps months of supply close to seven — modestly above Dallas County's roughly six and a half. New listings kept arriving faster than pending contracts accumulated, echoing a countywide pattern of fresh supply outrunning contract-writing, though the gap here remains wider than the county average. The comparison suggests absorption in 75227 continues lagging the broader county even as both markets loosen in tandem heading into late summer.