75229 Home Values

The negotiation gap between what sellers asked and what buyers paid narrowed further in 75229 this quarter — sellers gave back less than two cents on the dollar at closing, based on MLS data for 2026-06 closings in 75229. Price per square foot climbed to roughly $354, up from the mid-$330s earlier in the year and now running at a 72% premium above the broader Dallas County benchmark. Median sale prices crossed $1.1 million in the trailing three months, reflecting an annual appreciation rate pushing toward 12%. Concession activity, while present in about three in ten deals, averaged roughly $9,000 — modest relative to the price range transacting here.

The supply picture in 75229 tightened compared to the full-year baseline, with months of supply dropping to roughly five and a half — a signal that the absorption pace has quickened even as new listing activity continues at a steady clip. Pending contracts currently number well under half the active listing count, suggesting that individual properties face meaningful competition for buyers. The balance between fresh supply and contract activity will be the key variable to watch as the summer selling season develops.

At roughly $334 per square foot, 75229 commands a 64% premium over the broader Dallas County market — a spread that held across 86 closings captured in MLS data for spring 2026 activity in 75229. Sellers gave back less than two cents on the dollar on average, though nearly three in ten transactions included a concession averaging around $8,300. Bidding wars remained rare, with barely more than one in a hundred deals closing above list while nearly a third settled below asking. Year-over-year, the median has climbed roughly 7%, placing this zip well above the county-wide median near $373K.

With 73 pending transactions against 201 active listings, 75229 is running a pending-to-active ratio nearly double the Dallas County average — a forward signal that near-term absorption may hold firmer than county-level conditions suggest. Seven months of supply puts the zip in line with broader market balance, but a steady flow of new listings entering the pipeline keeps inventory from tightening. Homes have been moving from list to contract in roughly 27 days, pointing to consistent demand at the top of the Dallas price range.