75238 Home Values

Homes in 75238 took noticeably longer to sell this quarter, with the median stretching to about two weeks after sitting near eleven days last month, though still well under the trailing-year pace of roughly three weeks. Based on MLS data for 2026-09 closings in 75238, price per square foot edged up to around $339 and median sale price rose to roughly $690K, so the slower clock did not translate into softer pricing. Sellers received nearly ninety-eight cents of every listed dollar, while concessions appeared in about one in three sales. With fewer than seventy closings, the limited sample suggests these shifts are directional rather than definitive.

Months of supply in 75238 edged up to nearly six, extending a slow drift deeper into buyer-favoring territory, though it remains below the Dallas County figure near seven. Active inventory held at roughly 130 listings while new listings outran pending contracts by about twelve to one, leaving absorption rather than supply as the constraint. The lengthening time to sale points the same direction: contracts are being written more slowly than listings arrive, a pattern that mirrors the broader county backdrop heading into the fall.

Price per square foot in 75238 held near $326 this quarter, roughly 60 percent above the Dallas County median of about $204 — a gap that has persisted across recent months and puts this zip among the county's higher-value pockets. Based on MLS data for 2026-08 closings in 75238, homes reached closing in a median of eleven days, well under a third of the county's typical pace near four weeks. Sellers received close to ninety-nine cents of every listed dollar, edging past the county's roughly ninety-seven cent mark, even as concessions appeared in about one in three sales here versus roughly half countywide.

Pipeline data continues to trail the countywide pattern by degree rather than direction: months of supply in 75238 sits at roughly five and a half, comfortably in buyer-favoring territory but still tighter than the Dallas County figure near six and a half. Active inventory held flat at just over one hundred listings while new listings outpaced pending contracts by more than twelve to one — a wider imbalance than the county's own gap of roughly eleven to one. The parallel suggests the slowdown in contract-writing here is tracking a broader countywide dynamic rather than a signal specific to this zip.

While median sale price in 75238 edged only modestly higher this quarter, the pace of closings held at its quickest clip in recent memory for a second straight month. Based on MLS data for 2026-07 closings in 75238, homes reached contract in a median of ten days — matching last month's mark and continuing to run well under the trailing-year average near twenty-four days. Price per square foot slipped slightly to around $320, and sellers continued receiving close to ninety-nine cents of every listed dollar. Concessions held roughly steady, appearing in just under four in ten sales, while about one in five buyers closed below list — little changed from last month's tightened split.

For the second consecutive month, the gap between new listings and pending contracts in 75238 has widened, with fresh supply now outpacing signed contracts by better than seven to one — nearly triple last month's ratio. Months of supply climbed to roughly four and a half, moving further past the equilibrium line separating buyer- and seller-favoring conditions after sitting almost exactly on that threshold a month earlier. Active inventory held flat, meaning the wider gap reflects slowing contract activity rather than a surge in new listings. That combination points toward continued buyer-favorable footing heading into late summer.