75229 Home Values

Dallas County's typical closing landed near $366,000 this quarter, yet 75229 transacted on a different scale entirely: roughly $344 per square foot against the county's $200, a premium of about 70 percent, based on MLS data for 2026-10 closings in 75229. The zip's median sale price sat near $787,000, below its trailing-year level, while price per square foot edged up. Concessions appeared in fewer than one in five sales, well under the county's nearly one-in-two rate, though those granted averaged nearly $13,000. Sellers collected a bit over ninety-six cents on the dollar, and nearly four in ten deals closed under asking.

The pipeline in 75229 runs ahead of the county's on absorption: pending contracts equal about a tenth of active listings, versus closer to seven percent across Dallas County. Months of supply near six sits just under the county's seven, still above the four-month line associated with buyer-favorable conditions. Homes reaching contract did so in under four weeks, quicker than the county's month-long pace, while a steady flow of new listings kept the active pool near 190 from thinning.

After holding near three in ten for much of the year, the share of 75229 closings involving a seller concession eased to roughly a quarter this quarter, based on MLS data for 2026-09 closings in 75229. The concessions that did occur ran slightly larger on average, near $10,700, while the list-to-sale ratio slipped a touch, with sellers collecting roughly ninety-six cents on the dollar rather than the fuller ninety-seven the trailing year shows. Four in ten sales closed under asking, up from roughly a third across the past twelve months, and bids above list price all but disappeared. Price per square foot held essentially flat near $337, with the quarter's median sale price running below the annual figure.

The forward pipeline complicates that picture. Pending contracts in 75229 thinned sharply this quarter, leaving barely more than a tenth as many homes under contract as sit active — a gap wide enough to hand buyers more room to negotiate even as closed deals showed sellers holding firmer ground. Months of supply eased slightly to under six, still above the four-month threshold associated with buyer-favorable conditions, while new listings arrived at a pace roughly matching the year's average, keeping the active pool from thinning further heading into fall.

Closings accelerated across 75229 this summer, with roughly 120 sales in the trailing quarter — a pace well above the zip's year-long average, based on MLS data for 2026-08 closings in 75229. Homes continued moving quickly once listed, spending roughly three weeks on market before contract, a third quicker than the trailing 12-month norm. Price per square foot held near $355, a touch above where it stood a month earlier and still running well ahead of the county benchmark. Sellers kept the upper hand at the negotiating table: list-to-sale ratios stayed near 97 percent, concessions touched nearly three in ten deals, and over-list offers remained rare.

Pending contracts in 75229 fell sharply this quarter, dropping to a fraction of the level seen earlier in the year even as active listings held steady near 194. New listings kept arriving at a pace roughly matching the broader pipeline pattern, widening the gap between what's coming onto the market and what's moving into contract. Months of supply eased to under five, still tighter than the county's more-than-six-month backlog, but the thinning pending pipeline suggests the summer's brisk absorption pace may be losing momentum heading into fall.