75243 Home Values
75243 Market Snapshot
| Active 271 listings | New 65 30 days | Closed 28 30 days | Pending 6 30 days | Supply 7.7 months | Absorption 7.4% monthly | Over List 3.7% sold above | Under List 45.4% sold below | Concessions 40% % of solds | Avg Concession $7,709 seller paid |
Source: NTREIS MLS • Excludes leases • Jul 2026
75243 Market Trends
Lake Highlands Sets the North Dallas Pace
The 75243 zip is Lake Highlands through and through -- a patchwork of late-1970s and early-1980s ranch homes on wooded lots that back up to creeks and cul-de-sacs. Subdivisions like Moss Haven, Town Creek, and Woodbridge set the architectural tone with single-story brick builds averaging 2,500 to 3,500 square feet on lots pushing 10,000 square feet. Richardson ISD zoning is the thread that ties these neighborhoods together. The condo and townhome market clusters along the Audelia and LBJ corridors.
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.
Market Updates
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.
Price per square foot in 75243 settled at roughly $201 in the trailing quarter — a modest step back from $205 the prior period, but still well above the zip's 12-month average, based on MLS data for 2026-06 closings in 75243. That incremental retreat lands 75243's median sale price nearly $80,000 above Dallas County's benchmark, a spread that underscores where price discovery is playing out: a market priced at a significant premium that saw annual appreciation exceeding 30 percent. Sellers recovered just under 97 cents on each listed dollar, and nearly half closed with some form of concession, while about four in ten transactions settled below asking.
Active listings in 75243 expanded to 276 — up from 244 the prior period — while pending contracts edged only slightly higher, to 67. New listing activity added roughly 217 units to the pool over the quarter, far outpacing the pace of homes going under contract. The result is a months-of-supply measure that remains well above the balanced-market threshold, pointing toward sustained buyer selection pressure heading into summer. That pipeline imbalance reinforces the price discovery dynamic: sellers continue calibrating to where buyers will actually transact.
The sharpest signal in 75243's most recent quarter is how quickly homes moved from listing to close — a median of 24 days, well under the 42-day pace recorded across the trailing year, based on MLS data for 2026-05 closings in 75243. Price per square foot firmed to $205, running just a dollar above the Dallas County benchmark and noticeably ahead of the zip's own 12-month average. Roughly half of sellers provided concessions at closing, though the average givebacks edged lower than the annual norm. Buyers coming in under list remained common — about four in ten closed transactions settled below asking — yet sellers recovered nearly 96 cents on every listed dollar.
The pipeline picture in 75243 carries a notable imbalance: 244 active listings stood against just 63 pending contracts at the close of the measurement window, a ratio that gives buyers meaningful selection without a surge of competitive pressure. New listing activity — 188 units in the trailing quarter — outpaced pending contract formation by roughly three to one, a pace that keeps months of supply elevated near 7.6. Dallas County's pending-to-active ratio tells a broadly similar story, suggesting the supply-demand balance in 75243 tracks county-level conditions rather than diverging sharply.
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Market data last updated Aug 1, 2026, 6:00 AM CDT · Editorial updated Jul 29, 2026, 3:08 AM CDT
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