75402 Home Values

Closed sales in 75402 held firm at roughly 104 for the trailing quarter, consistent with the zip's yearlong pace near 400 annually, even as the time buyers and sellers took to reach the closing table edged down to about 72 days, from roughly 77 over the trailing year. Based on MLS data for August 2026 closings in 75402, price per square foot was essentially unchanged near $154, and the median sale price held close to $274,000. Sellers gave back roughly four and a half cents on the dollar at closing, in line with recent months, while the share of homes selling below list eased to just over half, down from the trailing-year rate near six in ten.

Pending contracts in 75402 fell sharply to just 14 this quarter, down from roughly 31 last month, against 291 active listings — a pending-to-active ratio far below the level the zip has carried through most of 2026. Months of supply ticked up to about eight and a half, edging closer to Hunt County's own eleven-and-a-half-month reading even as 75402 remains the tighter market. New listings held near last month's pace at roughly 150, suggesting the thinner pending count reflects softer buyer follow-through rather than a shortage of homes reaching the market.

While Hunt County's overall list-to-close pace sat near two months, 75402 closings took distinctly longer to move through the pipeline this quarter, extending a gap that has held for several months running. Based on MLS data for July 2026 closings in 75402, homes here closed at roughly $153 per square foot, running about five percent below the county's per-square-foot benchmark even as the zip's overall median sale price landed near $275,000, modestly above the county's $268,000 midpoint — a signal that 75402 homes trend larger rather than pricier per foot. Sellers gave back roughly five cents on the dollar at closing, in line with the county norm, while just over half of transactions settled below list.

Hunt County carries nearly a year's worth of supply at current absorption rates, but 75402's pipeline remains meaningfully tighter, with roughly eight months of inventory on hand — a gap of nearly a third that has persisted across recent quarters. Pending contracts here numbered 31 against 273 active listings, a proportionally deeper draw-down than the county's own ratio of pending to active stock. New listings continued arriving at a pace roughly comparable to the county's, suggesting 75402's relative tightness reflects sustained demand rather than a shortage of new inventory reaching the market.

The drop in median days to close — from roughly 78 days a month ago to about 65 this period — marks the sharpest velocity shift 75402 has recorded in recent quarters. Based on MLS data for June 2026 closings in 75402, transactions moved through the pipeline noticeably faster even as price per square foot held near $155, essentially flat against last month. Sellers still gave back roughly five cents on the dollar at closing, and just over half of transactions settled below list price — consistent with the pattern that has defined this zip through 2026. The annual closed count of roughly 410 gives these signals solid statistical grounding.

Pending contracts in 75402 fell to 54 against 279 active listings — a pending-to-active ratio that, while still above the broader Hunt County rate on a proportional basis, has tightened noticeably from last month's 75 pending contracts. New listings entering the market at 153 continue to outpace pending activity, keeping months of supply near 7.8. Where Hunt County as a whole carries more than 11 months of supply, 75402 remains meaningfully tighter, though the narrowing pending count suggests the absorption advantage may be moderating heading into summer.