75228 Home Values

The negotiation gap between list and sale prices in 75228 held narrow in the latest quarter, with sellers receiving roughly 97 cents on the dollar at closing — a slight improvement from the trailing-year rate and a signal that pricing discipline is holding even as closings take longer to materialize. Based on MLS data for 2026-06 closings in 75228, homes spent about 37 days under contract before closing, up modestly from the prior quarter and running well above the 28-day pace logged across Dallas County. Concession participation edged above half of all transactions, with the average seller contribution approaching $8,400. Price per square foot in the trailing quarter came in around $210, roughly four dollars above the Dallas County median — a premium that has compressed from the $213 reading reported last quarter, though the zip still holds a positive spread against the broader county benchmark.

Pending contract activity in 75228 rose to roughly 90 units, up from 84 the prior period, even as active inventory also expanded — climbing to about 289 listings and outpacing the gain in signed contracts. New listing additions reached 262 for the quarter, keeping supply replenishment ahead of absorption. Months of supply at approximately 5.8 remains below the Dallas County reading of about 6.3, suggesting 75228 continues to draw relatively firmer demand within the county. The combination of rising pendings and rising inventory points to a market gaining transaction velocity heading into the second half of the year, though the inventory cushion means buyers retain meaningful selection.

Price per square foot in 75228 settled at $213 in the most recent quarter, running roughly $9 above the Dallas County median — a spread that points to relative pricing strength in this east Dallas zip code. Based on MLS data for the trailing-quarter closings in 75228, sellers gave back about two and a half cents on the dollar at closing, with more than half of transactions including a concession averaging around $8,400. Homes spent about 36 days on market before closing. The share of buyers who paid under list stood at roughly 37%, narrower than the trailing-year rate of nearly half, suggesting the negotiation ceiling for buyers has compressed somewhat despite broadly soft market conditions.

With roughly 249 active listings against 84 pending contracts in 75228, supply continues to outpace absorption — a ratio that leaves buyers with meaningful options heading into summer. New listing activity has kept pace with closings over the quarter, with more than 220 additions to market sustaining that supply cushion. Months of supply at approximately six registers tighter than the broader Dallas County reading of roughly seven, suggesting 75228 draws comparatively stronger demand within the county. The pipeline configuration points toward continued buyer negotiating room, though the relative inventory advantage against the county benchmark may limit how far that leverage extends.