75416 Home Values

Closing timelines in 75416 quickened again this quarter, with the median sale wrapping up in roughly 39 days, well ahead of the 51-day pace recorded across the trailing year. Based on MLS data for 2026-07 closings in 75416, twenty-one homes changed hands, continuing the accelerating pace that began building earlier this year. Price per square foot climbed to about $153, up from roughly $135 last month, even as the median sale price eased to around $143K, a divergence suggesting smaller, more efficiently priced homes are driving the recent volume. Concessions appeared in nearly three in ten transactions, somewhat less common than the trailing-year rate, while sellers continued to capture close to full list price at the table.

Pending contracts in 75416 fell to just seven this quarter, down sharply from roughly eleven last month, even as new listing activity held steady near 34 and active inventory stayed close to 53 homes. Months of supply eased to under eight, continuing to shrink from double digits earlier this year. With only seven contracts now in the pipeline, this reading carries a wider margin of error than a fuller pipeline would allow, but paired with the quarter's faster closing pace, it suggests the flow of new sales feeding next quarter may be thinner than recent momentum implies.

Price per square foot in 75416 climbed to roughly $135 in the latest quarter, up from about $122 the month prior — a directional recovery that, while the limited sample warrants caution, marks a notable shift in where transactions are actually landing. Based on MLS data for 2026-06 closings in 75416, the median sale price rose to approximately $166K, a meaningful step above last quarter's reading. The concession rate edged higher to about a third of transactions, yet sellers captured nearly the full list price — suggesting the market is still negotiating on concessions rather than outright price cuts. Year-over-year, values remain well below prior peaks.

Active inventory in 75416 held near 61 homes heading into mid-year, while pending contracts ticked up slightly to 11 — a modest improvement against the prior period's pace. New listing activity registered around 34 over the quarter, keeping supply ahead of absorption. With months of supply still running close to 10, the pipeline suggests buyer conditions persist even as closed-sale prices have firmed directionally. The supply overhang remains the primary counterweight to any sustained price recovery in this zip.

Homes in 75416 are closing in roughly 25 days at the median — a sharp compression from the 79-day pace recorded across the full trailing year, based on MLS data for 2026-05 closings in 75416. The directional shift suggests the most recent transactions are moving at a different cadence than the broader annual picture. Price per square foot settled near $122 in the latest quarter, down from the annual figure of $134, while the median sale price landed around $155K. The concession rate climbed to about a third of transactions, though sellers captured nearly all of list price — a signal that pricing discipline, rather than discounting, is characterizing accepted deals.

The pipeline in 75416 tells a quieter story: pending contracts numbered only about 10 at last measure, a steep drop from the roughly 46 carried through the trailing year, while new listing activity registered around 32 over the quarter. With active inventory holding near 59 homes and months of supply still above 10, the limited sample suggests supply remains well ahead of absorption — but the recent closing pace, if sustained, could begin to work that gap down. Conditions directionally favor buyers, though the thin transaction volume warrants caution in reading near-term signals.