75254 Home Values
75254 Market Snapshot
| Median Sale Price $546,492 ▲ 29.2% YoY | Price per Sq Ft $244 median $/sqft | Days on Market 72 list to contract | Sale-to-List 96.8% of original asking |
| Active 67 listings | New 0 30 days | Closed 0 30 days | Pending 0 30 days | Supply 9.6 months | Absorption 13.4% monthly | Over List 1.1% sold above | Under List 41.1% sold below | Concessions 37.8% % of solds | Avg Concession $38,147 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 Apr 2, 2026, 12:22 PM CDT
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