75230 Home Values
75230 Market Snapshot
| Active 279 listings | New 56 30 days | Closed 38 30 days | Pending 9 30 days | Supply 6.6 months | Absorption 15.4% monthly | Over List 0.5% sold above | Under List 34.4% sold below | Concessions 25.9% % of solds | Avg Concession $10,265 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75230 Market Trends
Preston Hollow Inventory Gives Buyers Room to Negotiate
Preston Hollow and Hillcrest anchor this zip with a mix that ranges from modest 1960s cottages on quiet interior streets to gated estate communities like Lake Forest with custom builds on landscaped lots. Condos and townhomes line the corridors near Hillcrest and Forest Lane. Single-family homes sit on generous parcels -- quarter-acre minimums are common, and half-acre lots appear regularly near Strait Lane and Walnut Hill. Architectural variety runs deep: mid-century moderns, John Glasgow designs, soft contemporaries, and full teardown-rebuilds coexist block by block.
The pace of closings in 75230 accelerated in the most recent quarter — homes moved from offer to close in about 23 days, roughly a week faster than the trailing-year average. Based on MLS data for June 2026 closings in 75230, closed volume for the quarter ran above the annual run rate at 135 transactions. Price per square foot firmed to approximately $365, and sellers recovered nearly 98 cents on the dollar at closing. The concession rate eased as well: about one in five sales carried a seller concession, down from roughly one in four over the full trailing year, though average concession amounts among that subset climbed higher.
The pipeline behind that velocity shows a market still sorting itself out. With about 281 active listings against only 74 pending contracts, fewer than one in four listed homes has a buyer under contract — a ratio that tempers the closing-pace story. New listing activity in 75230 has been running above the annual quarterly average, adding supply at a faster clip heading into summer. Months of supply have pulled back to roughly six — an improvement from seven-plus over the trailing year — but the active-to-pending imbalance suggests the tightening has more room to develop.
Market Updates
The pace of closings in 75230 accelerated in the most recent quarter — homes moved from offer to close in about 23 days, roughly a week faster than the trailing-year average. Based on MLS data for June 2026 closings in 75230, closed volume for the quarter ran above the annual run rate at 135 transactions. Price per square foot firmed to approximately $365, and sellers recovered nearly 98 cents on the dollar at closing. The concession rate eased as well: about one in five sales carried a seller concession, down from roughly one in four over the full trailing year, though average concession amounts among that subset climbed higher.
The pipeline behind that velocity shows a market still sorting itself out. With about 281 active listings against only 74 pending contracts, fewer than one in four listed homes has a buyer under contract — a ratio that tempers the closing-pace story. New listing activity in 75230 has been running above the annual quarterly average, adding supply at a faster clip heading into summer. Months of supply have pulled back to roughly six — an improvement from seven-plus over the trailing year — but the active-to-pending imbalance suggests the tightening has more room to develop.
Price per square foot in 75230 landed near $370 in the trailing quarter — roughly 81% above the Dallas County benchmark of around $204 — underscoring the ZIP's position as one of North Dallas's most distinct premium submarkets. Based on MLS data for May 2026 closings in 75230, the median sale price came in close to $1.28 million, with sellers recovering nearly 97.5 cents on the dollar at close. Homes that transacted took about 22 days to close, and just over one in five sales carried a concession — a lower rate than the trailing annual average, though average concession amounts among that subset ran higher.
The supply picture in 75230 tells a more cautious story: with roughly 259 active listings against only 67 pending contracts, fewer than one in four listed homes has a buyer under contract. New listing activity — about 233 entries in the trailing quarter — continues to outpace pending volume, sustaining a months-of-supply reading near seven. That figure tracks closely with Dallas County's broader supply level, suggesting the premium segment is not experiencing unusual tightening relative to the wider market.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 28, 2026, 7:11 AM CDT
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