75238 Home Values

The negotiation gap between list and sale prices in 75238 compressed sharply this quarter, with buyers closing at roughly one and a quarter cents below list — tightening from two and a half cents over the prior year. Based on MLS data for 2026-06 closings in 75238, homes moved to contract in a median of ten days, down from 25 days over the trailing twelve months. The share of buyers closing below list fell from roughly four in ten annually to fewer than one in four in the current window. Price per square foot edged up to around $326, and median sale price held near $665K.

Months of supply in 75238 reached exactly four in the current quarter — the equilibrium threshold separating buyer-favoring from seller-favoring conditions — down from nearly five over the trailing year. Active inventory has held flat while new listings outpace pending contracts by roughly two and a half to one. That supply-absorption gap has persisted across consecutive months; the ratio of new listings entering the pipeline to contracts being written will be the signal to watch heading into Q3.

Price per square foot in 75238 landed around $325 in the most recent quarter — roughly 59% above the Dallas County benchmark — establishing this zip as one of the higher-value pockets in the metro. Based on MLS data for trailing-3mo closings in 75238, homes moved to closing in a median of 11 days, a velocity that stands in sharp contrast to the 26-day pace recorded over the prior full year. Sellers gave back just over one cent on the dollar at the negotiating table, and fewer than a quarter of buyers walked away with a below-list closing — the tightest that split has run in recent history.

New listing activity in 75238 is running well ahead of pending contract volume, with fresh supply outpacing absorption by more than two to one in the current window. Active inventory has held steady while months of supply sits below four — tighter than the county-wide figure by a wide margin. That gap between new listings entering the pipeline and contracts being written will be the signal to watch: if pending activity catches up, the recent velocity in days-on-market may well persist into the next quarter.