75241 Home Values
75241 Market Snapshot
| Active 218 listings | New 56 30 days | Closed 23 30 days | Pending 10 30 days | Supply 8.1 months | Absorption 9.2% monthly | Over List 6.3% sold above | Under List 40.1% sold below | Concessions 56.8% % of solds | Avg Concession $7,386 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
75241 Market Trends
South Dallas Roots Run Deep Here
The 75241 corridor stretches across South Dallas into Lancaster, anchored by post-war ranch homes from the late 1950s and 1960s sitting on generous lots that routinely push past 8,000 square feet. Newer pockets of construction from the 2000s fill in around Cedar Creek Ranch and Carver Heights, bringing single-story brick builds with open floor plans. A visible wave of new construction is reshaping entire blocks, with 2024 and 2025 builds standing next to freshly renovated mid-century homes.
Buyers closing in 75241 this quarter paid roughly $165 a square foot, about 18% under Dallas County's $201 and a step down from the low $170s a month earlier, based on MLS data for 2026-09 closings in 75241. Homes changed hands a little faster, at a median of 28 days versus 29 last month, yet concessions stayed heavy: roughly two in three sales carried seller help averaging about $7,500, against about half countywide. Sellers collected close to 97 cents on the listed dollar, and fewer than one in thirty sales closed above asking. With just over 75 closings, the sample supports a firm read.
Contract signings ticked up in 75241, with pending deals rising to about a dozen from ten last month, but the pipeline still looks lopsided: roughly 220 active listings sit against those dozen contracts, close to eighteen to one. New listings arrived near 190 for the quarter, well ahead of the roughly 160 logged a month earlier, and months of supply stretched to nearly nine, above Dallas County's reading of about six and a half. Quicker median days on market hint at motivated buyers, yet the supply backlog suggests absorption still lags the county.
Market Updates
Buyers closing in 75241 this quarter paid roughly $165 a square foot, about 18% under Dallas County's $201 and a step down from the low $170s a month earlier, based on MLS data for 2026-09 closings in 75241. Homes changed hands a little faster, at a median of 28 days versus 29 last month, yet concessions stayed heavy: roughly two in three sales carried seller help averaging about $7,500, against about half countywide. Sellers collected close to 97 cents on the listed dollar, and fewer than one in thirty sales closed above asking. With just over 75 closings, the sample supports a firm read.
Contract signings ticked up in 75241, with pending deals rising to about a dozen from ten last month, but the pipeline still looks lopsided: roughly 220 active listings sit against those dozen contracts, close to eighteen to one. New listings arrived near 190 for the quarter, well ahead of the roughly 160 logged a month earlier, and months of supply stretched to nearly nine, above Dallas County's reading of about six and a half. Quicker median days on market hint at motivated buyers, yet the supply backlog suggests absorption still lags the county.
Homes in 75241 sold faster this quarter — a median 29 days on market, down from 37 the month prior — even as sellers gave more ground to get there. Price per square foot held essentially flat near $172, but the share of closings carrying a concession climbed to roughly seven in ten, up from about six in ten last month, with the average giveback holding near $7,450. Sellers still collected close to 97 cents on every listed dollar at closing, based on MLS data for 2026-08 closings in 75241, suggesting concessions are being used to accelerate deals rather than as a sign sellers are losing pricing control entirely.
The pipeline behind these numbers shows why sellers may keep negotiating from a softer position: pending contracts in 75241 fell to just 10, while active listings held near 205 — a gap of roughly twenty to one, far wider than the eight-to-one split logged last quarter. New listings continued arriving at a similar pace, near 160 for the quarter, adding to a supply pool that already sits above seven months. With so few contracts currently working toward closing, the near-term buyer pool feeding 75241's market looks thinner than the active listing count alone would suggest.
Price per square foot in 75241 closed the quarter at roughly $177 — nearly 14% below the $206 median across Dallas County, one of the widest valuation gaps the zip has logged against the county, based on MLS data for 2026-07 closings in 75241. The discount extended to negotiating terms: better than six in ten sales carried seller concessions for a second straight month, well above the roughly half rate countywide, with the average concession near $7,600. Sellers still netted about 96 cents on every listed dollar, just under the county's 98-cent average, while closings lingered longer at 37 median days versus the county's 26.
Inventory in 75241 continues to run heavier than Dallas County's broader pipeline: months of supply held near seven and a half, roughly a fifth higher than the county's near-six-and-a-half reading. Active listings outnumbered pending contracts by better than eight to one in the zip, a wider gap than the roughly seven-to-one ratio holding countywide. New listing volume — about 155 properties this quarter — continued to outpace the modest pending count, suggesting 75241's absorption lag against the county isn't closing yet.
The negotiation gap in 75241 widened sharply this quarter — nearly two in three transactions closed with seller concessions, up from roughly half over the trailing year, with the average concession approaching $7,700 per deal. Based on MLS data for 2026-06 closings in 75241, sellers netted about 97 cents on every listed dollar, a slight retreat from the year-long average. Fewer than one in seventeen sales cleared above asking, and more than four in ten closed below it. Median price per square foot edged to $174 despite a year-over-year valuation decline exceeding eight percent — the concession data, not the headline price, reflects where 75241's market is actually settling.
Active listings in 75241 continue to outnumber signed contracts by more than three to one, a ratio that persisted through the spring selling season without compressing. New listing flow ran nearly triple the pending count over the quarter, keeping months of supply anchored near six and a half — matching the Dallas County reading but arriving in a zip code where per-square-foot values trail the county benchmark by roughly fifteen percent. The depth of the active pool relative to pending volume points toward continued seller concession pressure heading into summer.
Price per square foot in 75241 settled near $172 in the most recent quarter — directionally consistent with a year-over-year decline of roughly nine percent, the steepest valuation reset the zip code has logged in recent MLS data. Based on MLS data for 2026-05 closings in 75241, the median closed price came in around $255,000, with sellers netting about 97 cents on every listed dollar at closing. Nearly six in ten transactions carried seller concessions averaging close to $8,000, and fewer than one in sixteen sales closed above the asking price. The limited sample suggests buyers in this zip are consistently finding room below list, though the broader trend lines warrant monitoring against the Dallas County baseline.
Active listings in 75241 outnumber pending contracts by more than three to one, a ratio that points toward continued buyer leverage heading into summer. New listing activity has outpaced contract signings at a similar margin, keeping months of supply elevated near six and a half — slightly tighter than the Dallas County reading but still well into buyer-favorable territory. With pending volume remaining modest relative to the active pool, the near-term absorption outlook for 75241 does not suggest a rapid tightening of conditions.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Sep 30, 2026, 3:28 PM CDT
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