75401 Home Values

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.

Closings picked up in 75401 this quarter — nearly eighty transactions in the trailing window give the zip's price signals a firmer footing than usual for this market. Based on MLS data for 2026-06 closings in 75401, price per square foot held near $155, essentially unchanged from the annual baseline of $154 and sitting modestly below Hunt County's $159. The median sale came in around $235,000. Sellers recovered roughly ninety-six cents on the dollar at closing, a slight improvement over the trailing-year average. Just over half of transactions included seller concessions averaging roughly $7,800, and nearly six in ten sales closed below the original list — a persistent pattern that reflects the market's lean toward buyers throughout the measurement window.

New listing activity in 75401 continued to run well ahead of pending contract volume this quarter — with roughly 215 homes entering the market against fewer than fifty contracts under agreement, only about one in five new listings is finding an immediate match. Active inventory holds steady near 390 homes, and months of supply remain well above equilibrium at nearly fifteen months. The velocity imbalance — supply flowing in faster than it's being absorbed — signals that market conditions in 75401 are unlikely to shift toward sellers in the near term without a meaningful acceleration in demand.

Based on MLS data for 2026-05 closings in 75401, price per square foot came in around $154 — roughly four percent below the Hunt County trailing benchmark of $160 — while the median sale landed near $233,000 against the county's $287,000, a gap of about eighteen percent. Despite that discount, sellers in 75401 recovered nearly ninety-six cents on the dollar at closing, a slightly stronger outcome than the county average. The directional data, drawn from a moderate sample of roughly seventy closings, suggests the zip trades at a structural price discount to Hunt County but holds its own at the negotiating table.

The pipeline in 75401 tells a notably tighter story than the county. With about forty-four contracts pending against more than one hundred ninety new listings entering the market, absorption is running well below the pace of fresh supply — echoing the countywide pattern but concentrated into a smaller pool. Months of supply sit near fifteen, well above the four-month equilibrium threshold, confirming that buyers across Hunt County retain meaningful leverage, and 75401 is no exception heading into summer.