75409 Home Values

A quarter of roughly 250 closings gives 75409's price signals solid footing, and what they show is slowing turnover. Based on MLS data for 2026-10 closings in 75409, homes took a median of about two months to close, a touch longer than the prior quarter and well behind Collin County's pace of about five weeks. Price per square foot held near $170 while the median sale price slipped to roughly $362,000. Nearly three in four sales carried a concession averaging about $11,600, up from seven in ten last month, and about two in three closed below list.

Pending contracts in 75409 numbered only about two dozen against roughly 700 active listings, so the pipeline is not converting supply into deals at a pace that would quicken turnover. New listings near 440 for the quarter again outran contract activity, nudging months of supply to roughly eight and a half, up from about eight last month and well above Collin County's six. Days on market stretching slightly longer reinforces the slow-velocity read heading into the fourth quarter.

Homes that closed in 75409 during the trailing quarter took noticeably longer to sell than the Collin County norm — a median 57 days under contract against roughly 35 countywide, based on MLS data for 2026-09 closings in 75409. Price per square foot told a similar story: at roughly $170, the zip ran well below the county's $203 median, and the typical sale price near $366,000 sat more than $100,000 under the countywide figure. Sellers here also gave more ground, with nearly seven in ten closings including a concession averaging just under $12,000, and roughly two in three sales settling below the original list price — a wider gap than Collin County's broader market has shown.

The pipeline underscores that same gap: months of supply in 75409 sat near eight, well above Collin County's roughly six, while active listings held near 675 homes against just two dozen pending contracts — a far thinner pending pool relative to inventory than the county displays. New listings ran close to 430 for the quarter, keeping fresh supply arriving faster than contracts are being written. Where Collin County's broader pipeline shows tighter absorption, 75409's numbers point to a market still working through a heavier backlog relative to demand.

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.