75231 Home Values

The negotiation gap in 75231 narrowed measurably this quarter, though buyers retained meaningful ground at closing. Based on MLS data for 2026-06 closings in 75231, roughly four in ten completed sales came in below list — down from nearly half the prior period, but still a sizable share in a zip where no transactions cleared above asking. Sellers received about 96 cents on the dollar, a modest improvement over the trailing-year average, while the share of deals with concessions declined to roughly a third of all closings. When sellers did offer relief, it averaged just under ,000 — a pullback from the prior period's roughly ,000. Price per square foot climbed to approximately 89, up from 55 in the annual baseline, placing 75231 well above county-level values even as buyers continued extracting below-list closes.

Months of supply in 75231 fell to roughly 7.5 — a notable retreat from the double-digit readings in the trailing annual window — yet the pipeline geometry still favors patience for buyers. Active listings held near 195 homes against only about 54 pending contracts, a ratio of roughly one pending for every 3.5 actives. New listing activity added approximately 158 homes during the period, outpacing pending demand by nearly three-to-one. While the supply overhang is compressing, absorption has not yet caught up, and the month-of-supply reading still sits above the county benchmark of roughly 6.3 months.

Price per square foot in 75231 runs roughly 42 percent above the Dallas County median, based on MLS data for recent closings in the zip — a premium that persists even as overall transaction volume remains modest. Completed sales show sellers receiving about 95 to 96 cents on the dollar at closing, a gap notably wider than the county benchmark of roughly 97 cents. Fewer than four in ten closed transactions included seller concessions, a lower rate than the county-wide average of nearly half of all deals, yet the average concession when offered approached $6,000 — suggesting targeted rather than broad relief. Year-over-year, sale prices in 75231 have risen by more than ten percent, outpacing the countywide trajectory on a percentage basis.

The ratio of pending contracts to active listings in 75231 sits well below one-to-one, with roughly 51 pending transactions against 175 active listings — a posture that mirrors Dallas County's broader supply-heavy conditions but signals limited near-term absorption pressure at the premium tier. New listing activity during the period added approximately 141 homes, outpacing the pending pipeline by a factor of nearly three. Months of supply in 75231 slightly exceeds the county average, indicating that the elevated pricing tier is absorbing supply at a pace comparable to — but not faster than — the broader Dallas market.