75240 Home Values
75240 Market Snapshot
| Median Sale Price $426,836 ▼ 18.0% YoY | Price per Sq Ft $234 median $/sqft | Days on Market 52 list to contract | Sale-to-List 95.4% of original asking |
| Active 60 listings | New 0 30 days | Closed 0 30 days | Pending 0 30 days | Supply 25.7 months | Absorption 8.3% monthly | Over List 1.1% sold above | Under List 42.7% sold below | Concessions 42.7% % of solds | Avg Concession $57,173 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
75240 Market Trends
Far North Dallas Buyers Have Room to Breathe
75240 is a patchwork. You've got 60s ranch homes on deep lots along the residential streets off Coit and Preston, side-by-side duplexes that have been feeding the rental market for decades, and gated townhome communities tucked behind the retail corridors. The Galleria anchors the commercial identity, but the housing stock fans out in every direction with no single dominant style. Richardson ISD zoning gives the single-family homes a recruiting advantage.
Buyers are firmly in the driver's seat here. Inventory has stacked up well past the point where sellers can dictate terms, and the closing pace reflects that reality. The wide pricing band means this zip doesn't move as one market. The investor-heavy segment of duplexes and townhomes is competing with new apartment supply for the same renter pool, which puts a ceiling on what those assets can command.
Sellers here need to price with precision from day one. Overpricing by even five percent in a market this loose means your listing goes stale fast. If you're selling a duplex or condo, know that you're competing with apartment concessions offering free months. For single-family owners, leaning into the Richardson ISD story and staging for move-in readiness are your best levers.
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Market data last updated Apr 2, 2026, 12:22 PM CDT
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