75235 Home Values

Half of all closings in 75235 settled below asking price this quarter, up from just over a third in the spring — the clearest sign yet that buyers are gaining leverage at the table. Price per square foot, the more durable valuation gauge for this zip code, came in near $268 based on MLS data for August 2026 closings in 75235, a modest step up from July even as sellers absorbed costs elsewhere. Concessions appeared in nearly half of transactions, averaging just over $6,200, the highest average in several months. Sellers received roughly 96 cents on the dollar, a slight softening from July's 98-cent mark, with no closings recorded above list price.

The pending pipeline in 75235 all but vanished this quarter, with just two contracts active against 95 available listings — a ratio wider than the roughly 44-to-1 already noted in July. New listings kept arriving at a steady clip, adding 57 homes to supply, while months of supply held above 14, more than double the Dallas County benchmark. With so few contracts advancing toward closing, the inventory buildup in 75235 shows little sign of easing near-term, reinforcing the negotiating room buyers have carved out this quarter.

While Dallas County's broader market closed near $206 per square foot over the trailing three months, 75235 settled well above that mark, with closings running near $263 per square foot based on MLS data for July 2026 closings in 75235 — continuing a premium that has held since spring. Sellers still gave ground at the table: nearly half of closings included concessions, and buyers took roughly $5,700 off the top on average, though that average pulled back from June's pace. List-to-sale ratios ticked higher, with sellers netting close to 98 cents on the dollar, even as more than a third of transactions closed under asking.

Outpacing the county's already-loose absorption pace, 75235's active-to-pending ratio widened to roughly 44 to 1 this quarter, versus about 7 to 1 across Dallas County as a whole. Months of supply climbed past double the county's benchmark, and new listings continued arriving at a steady pace — a combination that points toward a backlog showing little sign of thinning against county-wide absorption trends.

The negotiation gap between list and sale prices in 75235 held narrow — sellers received roughly 97 cents on the dollar on closings in this zip code — but the headline shift in the trailing three months is velocity, not pricing. Based on MLS data for June 2026 closings in 75235, median days on market eased to about 45, down from the 50-day trailing-year pace, a directional improvement though sample size remains modest at around 20 closed transactions. The concession rate climbed to nearly half of all deals, up from roughly 38 percent over the prior year, with average concessions approaching $4,600. Year-over-year, price per square foot — running near $255 currently — reflects a market still working through an 8 percent annual price correction.

The pending pipeline in 75235 compressed sharply, with just a dozen contracts active against 83 available listings — a pending-to-active ratio that directionally signals near-term absorption will remain slow. New listings added roughly 63 homes to supply over the period, sustaining inventory at levels that continue to outpace buyer demand. With months of supply near 12, more than double the Dallas County reading of around 6, the supply overhang in 75235 is deepening rather than resolving, and the limited contract activity suggests that dynamic is unlikely to shift materially in the near term.