75241 Home Values
75241 Market Snapshot
| Active 196 listings | New 60 30 days | Closed 18 30 days | Pending 2 30 days | Supply 7.6 months | Absorption 12.2% monthly | Over List 7.9% sold above | Under List 42.8% sold below | Concessions 54.4% % of solds | Avg Concession $7,358 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 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.
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.
Market Updates
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 Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 29, 2026, 7:11 AM CDT
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