75243 Home Values

A steep drop in the median sale price, down roughly 13 percent from last month's quarterly reading to about $298,000, masks a steadier story underneath: price per square foot in 75243 barely budged, holding near $181. That split suggests smaller, lower-priced homes made up more of the recent closings rather than values falling across the board, based on MLS data for 2026-09 closings in 75243. Sellers still recovered about 95 cents on every listed dollar, one in three closings carried a concession averaging around $7,000, and nearly half of all sales settled below asking. Dallas County's per-square-foot benchmark still sits about $20 higher.

Contract formation in 75243 showed its first sign of life in months, with pending contracts edging up to 24 from 20, though the count remains a fraction of the roughly 265 homes on the market. New listings eased to about 172, a modest pullback from the prior quarter's pace. Months of supply hovered near eight, well above Dallas County's roughly six and a half, and time on market drifted longer to 44 days. The pipeline points to a zip stabilizing at a slow tempo rather than reaccelerating, with supply still outrunning buyer commitments.

Price per square foot in 75243 slipped to roughly $183 in the trailing quarter — its fourth straight monthly pullback — landing about $21 below Dallas County's $204 benchmark after trading at a slight premium to the county as recently as spring, based on MLS data for 2026-08 closings in 75243. The median sale price followed the same path, settling near $343,000, well under the county's roughly $379,000 figure. Homes here also lingered longer before closing, a median of 39 days against the county's 27, while sellers recovered about 95 cents on every listed dollar, compared with roughly 97 cents countywide. Just over four in ten closings settled below asking.

The pipeline gap between 75243 and Dallas County widened this period. Months of supply in the zip climbed to just under eight, more than a month above the county's six and a half, even as new listings held near 187 — almost flat versus the prior quarter. Pending contracts, meanwhile, nearly halved to 20 from roughly 39, a steeper drop-off than the county's broader pipeline appears to be experiencing. With active inventory holding near 271, the combination points toward a zip where supply is outpacing contract formation more decisively than the county as a whole.

While spring's 24-day median made 75243 one of the metro's quicker closers, that pace eased this quarter to 30 days on market — still well under the trailing year's 42-day norm, based on MLS data for 2026-07 closings in 75243. Price per square foot pulled back for a third straight month, settling near $189, down from roughly $201 in June and $205 in May. Closings held near 113 for the quarter, in line with the year's underlying pace. Sellers still recovered nearly 96 cents on every listed dollar, and just over four in ten transactions closed below asking.

Pending contracts in 75243 fell to 39 from 67 the prior period, even as active listings eased slightly to 261 and new listings slowed to 188 — a sign that contract activity, not supply, is driving the slowdown. Months of supply ticked down to just under seven, still deep in buyer-favorable territory. The pullback in pending volume points toward a slower pace of contract formation heading into late summer, consistent with the longer time-to-close already showing up in this quarter's closings.