75254 Home Values
75254 Market Snapshot
| Active 103 listings | New 24 30 days | Closed 12 30 days | Pending 2 30 days | Supply 11.4 months | Absorption 4.9% monthly | Over List 0% sold above | Under List 41.1% sold below | Concessions 40% % of solds | Avg Concession $7,468 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75254 Market Trends
Prestonwood Buyers Are Taking Their Time
Prestonwood and Northwood Hills anchor this zip with a split personality. South of Belt Line, you get gated condo complexes from the early 80s. North of Belt Line, the character flips to mid-century ranch homes on big lots, many original-owner properties now cycling through full gut renovations. Addison's townhome pockets fill the gaps with newer three-story builds. Richardson ISD draws families to the single-family stock, while the condo corridor stays transient.
Closing velocity in 75254 held roughly steady in the latest quarter, with about two dozen transactions completing — a pace consistent with the trailing annual average — based on MLS data for 2026-06 closings in 75254. Homes that did reach the closing table moved slightly faster than the annual norm, averaging about 40 days on market compared with 42 over the prior year. Fewer deals carried concessions this quarter than the trailing average, but the size of those packages grew — sellers who did negotiate gave back roughly two-thirds more per transaction than the annual baseline. The directional data suggests transaction pace has stabilized, though the limited sample warrants caution on strong claims.
The sharpest signal in 75254's pipeline is the collapse in pending contracts relative to the absorption buffer. Pending activity fell to single digits against 98 active listings — a ratio that implies a market nearly at a standstill from the demand side. New listing inflows remained meaningful at roughly 80 for the quarter, widening the gap between supply arriving and buyers committing. At nearly 12 months of supply, the zip carries roughly double the absorption timeline of Dallas County's broader market, directionally reinforcing that buyer leverage in 75254 is not abating heading into the second half of 2026.
Market Updates
Closing velocity in 75254 held roughly steady in the latest quarter, with about two dozen transactions completing — a pace consistent with the trailing annual average — based on MLS data for 2026-06 closings in 75254. Homes that did reach the closing table moved slightly faster than the annual norm, averaging about 40 days on market compared with 42 over the prior year. Fewer deals carried concessions this quarter than the trailing average, but the size of those packages grew — sellers who did negotiate gave back roughly two-thirds more per transaction than the annual baseline. The directional data suggests transaction pace has stabilized, though the limited sample warrants caution on strong claims.
The sharpest signal in 75254's pipeline is the collapse in pending contracts relative to the absorption buffer. Pending activity fell to single digits against 98 active listings — a ratio that implies a market nearly at a standstill from the demand side. New listing inflows remained meaningful at roughly 80 for the quarter, widening the gap between supply arriving and buyers committing. At nearly 12 months of supply, the zip carries roughly double the absorption timeline of Dallas County's broader market, directionally reinforcing that buyer leverage in 75254 is not abating heading into the second half of 2026.
Price per square foot in 75254 ran roughly 30 percent above the Dallas County benchmark in the latest quarter — about $265 per square foot against the county's $204 — based on MLS data for 2026-05 closings in 75254. Median sale prices directionally suggest a premium segment, landing roughly double the countywide figure. Where Dallas County sellers surrendered less than three cents on the dollar at closing, sellers in 75254 gave back closer to four and a half cents on average, and concession packages ran nearly twice the county norm. The limited sample of 20 closings warrants caution on strong directional claims, but the premium-to-county gap is consistent across both price and concession measures.
The supply-demand imbalance in 75254 diverges sharply from Dallas County's broader pipeline. With nearly 14 months of supply against the county's roughly seven, the zip carries nearly double the absorption buffer heading into the summer stretch. Active listings held steady at 92, but pending contracts totaled just eight — a pending-to-active ratio far below the county pace — suggesting that new listing activity is significantly outpacing buyer commitment. Dallas County's pipeline shows a more balanced churn; 75254's thinner transaction pace directionally points toward continued buyer leverage in the near term.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 29, 2026, 11:11 AM CDT
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