75402 Home Values

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.

Priced at roughly $153 per square foot, 75402 closings tracked slightly below Hunt County's $159 average despite the zip's median sale price running approximately 4 percent above the county midpoint at around $289,000. Based on MLS data for May 2026 closings in 75402, sellers gave back roughly five and a half cents on the dollar at close, and nearly 57 percent of transactions settled below list — a concession rate aligned with but not worse than the county norm. Median time from contract to close stretched to 78 days, about four days beyond the countywide pace.

The forward picture for 75402 diverges notably from Hunt County as a whole: the zip carries 8.8 months of supply against the county's 12.5 months, a gap of roughly 30 percent that positions 75402 as one of the tighter pockets within the Hunt County market. Against 297 active listings, 75 pending contracts represent a pending-to-active ratio meaningfully above the county rate, suggesting demand is absorbing inventory at a faster pace here. New listings entering the pipeline at 164 over the period have yet to push supply materially higher.