75409 Home Values

For the third straight month, closings in 75409 moved faster, with median days to close falling to 58 — down from more than 65 days earlier in the year. Sales volume also picked up: 257 closings were recorded, based on MLS data for 2026-07 closings in 75409, running ahead of the trailing annual pace. Price per square foot held near $170, roughly flat versus the trailing year, while the median sale price edged up slightly to about $368,000. Concessions remained common — nearly seven in ten sales included one, averaging just over $12,500 — and about two in three closings settled below list.

The pipeline behind 75409 tells a more cautious story than the closed-sale pace suggests. Pending contracts fell sharply to 47, down from well over 100 earlier this year, even as active inventory held near 650 homes and new listings ran close to flat at roughly 440 for the quarter. Months of supply ticked up to about seven and a half, edging further into buyer-favorable territory. The pullback in pending activity, even as homes under contract closed quickly, points to fewer new deals being written heading into the back half of summer.

The negotiation gap between list and sale prices in 75409 widened further in the most recent quarter — based on MLS data for 2026-06 closings, buyers secured roughly six cents below list on the median transaction, with nearly seven in ten closings settling under asking. Concession activity intensified: more than seven in ten sellers extended concessions, averaging over $12,000 per deal — a step up from the year running average. Homes at closing spent about 69 days under contract, longer than the trailing annual pace. Fewer than two in one hundred closings cleared above list, and the year-over-year price trend has remained in modest negative territory, with the median near $363,000.

The pipeline in 75409 offers little sign of near-term relief for sellers. Active listings held near 620 homes while pending contracts numbered roughly 125 — a ratio that places months of supply near seven, above the Collin County benchmark and well within buyer-favorable territory. New listing volume ran at about 440 units over the period, continuing to outpace absorption. With supply accumulation holding and pending activity restrained, the pipeline reinforces the leverage buyers in 75409 carried through the quarter and into the second half of the year.

Price per square foot in 75409 ran roughly $28 below the Collin County median in the most recent quarter — a gap that signals a materially softer price environment than the broader county. Based on MLS data for 2026-05 closings in 75409, the median sale came in near $362,000 while homes sat under contract for about 70 days at close, more than three weeks longer than the county norm. Nearly seven in ten sellers extended concessions, averaging over $12,000 per transaction, and fewer than one in fifty closings occurred above list — pointing to buyers who held firm at the negotiating table throughout the period.

The pipeline in 75409 underscores the soft absorption picture visible in closed data. With new listings outpacing pending contracts by more than three to one, supply accumulation continues to run ahead of buyer activity. Months of supply near seven places the zip well within buyer-favorable territory, consistent with Collin County's broader inventory build — though 75409's pending-to-active ratio sits noticeably below the county's proportional pace, suggesting demand absorption in this zip is lagging even the county's measured tempo heading into summer.