75401 Home Values

Price per square foot in 75401 held near $153 this quarter, flat against the trailing-year mark but still about five percent below Hunt County's $161, based on MLS data for 2026-09 closings in 75401. The median sale reached roughly $241,000, nearly fourteen percent under the county's figure, even as year-over-year appreciation topped six percent — the most notable price move in this month's reading. Sellers recovered a little over ninety-three cents on the dollar, trailing the county's near ninety-five, while concessions attached to just over half of closings, averaging nearly $9,000, up from last month's roughly $7,600. With 67 sales anchoring the quarter, the sample keeps these figures directional.

The pipeline complicates that momentum: new listings eased to 174 this quarter, below last month's pace, while pending contracts nearly doubled to about ten — still a fraction of what's arriving on the market. Active inventory held flat near 376 homes, and months of supply crept up to almost seventeen, further above the four-month equilibrium than Hunt County's roughly twelve. Time on market lengthened as well, a velocity signal that points to slower absorption even as new listings pull back.

With 66 sales in the trailing quarter, 75401's price signals sit in moderate-sample territory — directional, best read alongside Hunt County's broader trend — and the pace of closings eased for a second straight month from July's stronger showing. Based on MLS data for 2026-08 closings in 75401, price per square foot held near $149, essentially flat against the trailing-year mark of $152 and modestly below the county's $162, while the median sale ticked up to around $237,000. Sellers continued recovering roughly ninety-four cents on the dollar at closing, a hair below last month's figure, and just over half of transactions again closed with a seller concession attached, averaging close to $7,600.

New listings continued to outpace contract activity in 75401 this quarter — 197 homes entering the market against just five pending agreements, a gap even wider than July's, and sharper than the new-listings-to-pending imbalance running across Hunt County as a whole. Active inventory held essentially flat near 388 homes, but with so little getting under contract, months of supply pushed out to roughly seventeen and a half, deepening buyer-favorable conditions that have now held for several months running. Time-on-market trends show no signs of quickening despite the pullback in contract activity.

The concession rate in 75401 crossed the halfway mark for a second consecutive month, with more than half of closings now including a seller give-back, continuing a pattern that has held since spring. Based on MLS data for 2026-07 closings in 75401, price per square foot settled near $150, essentially flat against the trailing-year mark of about $152, while the median sale ticked up to roughly $238,000. Sellers recovered a little under ninety-five cents on the dollar at closing, a modest step back from last month, and nearly six in ten transactions closed below the original list. Closed volume eased slightly to around 73 sales, a step down from June's stronger pace, with time on market holding near two months.

Pending contracts in 75401 fell sharply this quarter, dropping to just a dozen active agreements against roughly 188 new listings entering the market, a far wider gap than the imbalance recorded in June. Active inventory held essentially flat near 386 homes, but with absorption slowing further, months of supply stretched to nearly sixteen, deepening the buyer-favorable conditions already in place. The pipeline signals a market where new supply is arriving well ahead of contracts being written, a velocity slowdown that shows no sign yet of narrowing.