75227 Home Values
75227 Market Snapshot
| Median Sale Price $264,256 ▼ 2.4% YoY | Price per Sq Ft $169 median $/sqft | Days on Market 29 list to contract | Sale-to-List 95.7% of original asking |
| Active 181 listings | New 47 30 days | Closed 25 30 days | Pending 10 30 days | Supply 8.2 months | Absorption 27.1% monthly | Over List 1.1% sold above | Under List 48% sold below | Concessions 53.8% % of solds | Avg Concession $6,759 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
75227 Market Trends
Pleasant Grove Sellers Have Room to Negotiate
Pleasant Grove and Buckner Terrace straddle the I-30 corridor southeast of downtown, mixing postwar ranch homes from the 1950s with pockets of 2000s-era infill. Buckner Terrace draws the most renovation energy -- mid-century brick ranches getting full gut-rehabs with open plans and quartz kitchens. South of Scyene Road, you'll find smaller-lot townhome clusters and duplexes built in the early 80s. Prairie Creek's newer builds from the 2000s and 2010s sit on tighter lots. The gated Enclave at Grove Hill is the zip's price ceiling.
Sellers here are working harder than they were a year ago. Nearly six months of standing inventory means buyers can comparison-shop and push back on price. The renovation-heavy stock creates a wide quality gap: beautifully finished Buckner Terrace flips attract strong interest, while dated homes sit. That split is punishing lazy pricing. Multiple-offer situations still pop up on well-priced properties under $270K, but above that threshold, patience rules.
Price your home to the finished comps on your specific block, not the zip-wide median. In a market with this much supply, the first two weeks determine your outcome. Stage the kitchen and primary bath, get professional photos, and launch on a Thursday. If you haven't had a showing request in ten days, your price is wrong -- adjust immediately.
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Market data last updated May 7, 2026, 5:21 AM CDT
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