75254 Home Values
75254 Market Snapshot
| Active 102 listings | New 31 30 days | Closed 6 30 days | Pending 1 30 days | Supply 11.3 months | Absorption 16.7% monthly | Over List 0% sold above | Under List 39.6% sold below | Concessions 39.6% % of solds | Avg Concession $8,212 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 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.
Buyers here are in no hurry. Nearly nine months of inventory means sellers are competing with each other. The luxury tier above a million is especially crowded. The condo segment under $300K is moving a bit faster thanks to investor activity, but even there, landlords are dangling move-in specials. This is a buyer's market by any honest measure.
If you're listing here, your renovation story has to be airtight -- buyers have seen enough granite-and-LVP flips to tune them out. Price to the comps that actually closed, not the aspirational asks sitting on market. For the condo segment, consider offering a home warranty or covering HOA for the first year.
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Market data last updated May 7, 2026, 5:21 AM CDT
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